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Still here/bought a new car

July 9th, 2017 at 04:57 pm

How did spring/summer get away from me?? My mom came to stay with me (on the weekends) and at my brother's during the week since mid-May. She will be returning to my sisters (where she lives full time) next weekend. While it was wonderful to see her (she's 90 years old) it did throw my budget out of whack! Extra food costs, eating out, way more laundry (and dryer use) and some shopping. I did not track everything, so I'm looking to get back on track soon.

In other financial news, I bought a new 2017 Camry, and paid cash! I buy new, and usually keep the car for at least ten years, or longer if no expensive problems pop up. This system works for me. I will now start saving up for the next one, so when I am entering retirement age, in about 7-8 years, I will have the funds to purchase with cash again.

I'm feeling pretty good financially. My condo is paid in full, new car paid in full, and am saving the max for retirement. I have a fully funded emergency fund as well. It took many many years for me to finally get my financial act together, and it feels great!

Have a good day, and upcoming week everyone!

5 Responses to “Still here/bought a new car”

  1. rob62521 Says:
    1499627941

    Congrats on the new car! Made you feel good paying cash, didn't it? I think you have done well with all the things that are paid off and you have money saved. Bravo!

  2. CB in the City Says:
    1499640423

    Congrats! I will pay cash for my next car, too, but it won't be a new one. My current car is 16 years old!

  3. Out of the Dark Says:
    1499640488

    So inspired by you. Keep up the blogs and great work!

  4. VS_ozgirl Says:
    1499688476

    Great to hear that you paid cash! It's so much better to be able to move forward with no repayments hanging over your head, good work Smile.

  5. Richardrobert Says:
    1525349849

    So if you are buying new, it is also a exquisite thing to do, as you may by no means get the identical feeling as riding out of a showroom on a new car, smelling the brand new interior, understanding no one became sitting there before (it is going to be all gone in more than one months collectively with 10% of the automobile value in depreciation, but I bet it’s really worth it.
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