redneck2
Member
In a way I find this thread amusing. Absolute total wastes of money are cigarettes, booze, gambling, and particularly drugs. All can ruin your life.
The number one, bar none, absolute most foolish thing you can waste money on (for the average person) is automobiles. My wife has a friend that bought a Lincoln Navigator 4 years ago for 58k. Got 11 mpg. Traded it in two weeks ago and got 10k. Cost 12k a year to own that pig. Hope it was worth $1,000 a month (plus interest) for the memories.
I listen to Dave Ramsey on radio. He says paying interest is "stupid tax". You get yourself buried in high interest credit cards and home equity loans and you'll be paying interest forever.
Readers here should remember that not everyone is at the same point in life. 30 years ago I didn't have two nickles to rub together. Now I could write a check for a $1,000 gun and not miss it. I drive a 1999 Cherokee that has 210,000 miles. Could I get another? In a heartbeat. The same reason I can is the reason I don't. Keeps the money in my pocket.
The number one, bar none, absolute most foolish thing you can waste money on (for the average person) is automobiles. My wife has a friend that bought a Lincoln Navigator 4 years ago for 58k. Got 11 mpg. Traded it in two weeks ago and got 10k. Cost 12k a year to own that pig. Hope it was worth $1,000 a month (plus interest) for the memories.
I listen to Dave Ramsey on radio. He says paying interest is "stupid tax". You get yourself buried in high interest credit cards and home equity loans and you'll be paying interest forever.
Readers here should remember that not everyone is at the same point in life. 30 years ago I didn't have two nickles to rub together. Now I could write a check for a $1,000 gun and not miss it. I drive a 1999 Cherokee that has 210,000 miles. Could I get another? In a heartbeat. The same reason I can is the reason I don't. Keeps the money in my pocket.