How are you guys affording...?
#62
I'm 25, single with no kids and I make decent money. I pay cash for all of my mods, if I can't afford to pay cash I don't buy. I love this hobby, but I'm not willing to go into debt for it.
#63
Got just over 9 grand invested in my 408, but almost everything is new. Short block, heads, intake, clutch, valvetrain, yada yada yada. Income tax return, couple grand out of my pocket and about 1500 on a card.
#66
Originally Posted by SweeTbone
Best thing you can do right there.
I am married with one kid. Everything you see in my sig happened before the kid. You just have to patient. I'm waiting to see what the tax return looks like with a kid. CHA-CHING!!! New 9" with 4:11s!! You just have to chip away at it. That being said....
Making impulsive credit card purchases will only lead to disaster.
I am married with one kid. Everything you see in my sig happened before the kid. You just have to patient. I'm waiting to see what the tax return looks like with a kid. CHA-CHING!!! New 9" with 4:11s!! You just have to chip away at it. That being said....
Making impulsive credit card purchases will only lead to disaster.
PS awesome color WS6 you got there
#68
lol.. imagen how it is for us here to tune our things, everything is much more expensive, i paid 30k for my 98 Z28,
when whe are moidding whe buy the things in the us and ship it over here, with the expensive of shipping and taxes the thing costs twice the oem price,
for example i have spent about 21-22k in modds on my car,
10 spokes, tyres, SS spoiler, complete H/C/I motor, window motors, clutch flywheel, LT's Y pipe, catback,
when whe are moidding whe buy the things in the us and ship it over here, with the expensive of shipping and taxes the thing costs twice the oem price,
for example i have spent about 21-22k in modds on my car,
10 spokes, tyres, SS spoiler, complete H/C/I motor, window motors, clutch flywheel, LT's Y pipe, catback,
#69
Originally Posted by ynkssws6
SweeTbone, why don't you change your withholdings on your W4 and have the income on a monthly basis, no tax free loan to the goverment
PS awesome color WS6 you got there
PS awesome color WS6 you got there
I did. I claim 1 now for both federal and state. When the second kid comes along, I might leave it at 1 though. Not a knock against you personally at all, but it seems like when I talk taxes with other people at my work and in general, all of the sudden they are "certified tax specialists" and know everything. One person says claim one kid still, and one person says claim both. I just bought a house 6 weeks ago. I know that will help. With claiming one, I saw a $65 increase per week in my take home pay on my check. I'll gauge what to do the following years I guess after next years return. Everyone's income is different, so when they tell me they got $5000 back, I'm really skeptical that I'll get that much back.
Thanks for the compliment by the way!
#70
All of the cars in the sig are paid for with the exception of the 'vert and that's because my wife is trying to build up her credit rating so we took out a loan in her name to accomplish that.
I'm a consultant and I work my *** off to bring home the cheese. My wife works too although she is just getting her foot in the door in her industry (commercial insurance) so it's really my pay check and not hers that explains the toys. Big factor for us: No kids.
DO NOT use credit cards for a car build up. Save up until you can afford major projects or just don't do them. Put small mods on the credit card here and there as long as you can pay off the balance at the end of the month, but my real bottom line is don't do something you aren't 100% sure you can afford.
I'm a consultant and I work my *** off to bring home the cheese. My wife works too although she is just getting her foot in the door in her industry (commercial insurance) so it's really my pay check and not hers that explains the toys. Big factor for us: No kids.
DO NOT use credit cards for a car build up. Save up until you can afford major projects or just don't do them. Put small mods on the credit card here and there as long as you can pay off the balance at the end of the month, but my real bottom line is don't do something you aren't 100% sure you can afford.
#71
Originally Posted by SweeTbone
I did. I claim 1 now for both federal and state. When the second kid comes along, I might leave it at 1 though. Not a knock against you personally at all, but it seems like when I talk taxes with other people at my work and in general, all of the sudden they are "certified tax specialists" and know everything. One person says claim one kid still, and one person says claim both. I just bought a house 6 weeks ago. I know that will help. With claiming one, I saw a $65 increase per week in my take home pay on my check. I'll gauge what to do the following years I guess after next years return. Everyone's income is different, so when they tell me they got $5000 back, I'm really skeptical that I'll get that much back.
Thanks for the compliment by the way!
Too bad you weren't closer I'd like to see that T2 when you install it we have very similiar mods Oh and big time hahaha
And to the original poster....I charge everything,(for reasons such as documentation, credit card backing you up, and points...**** mine as well earn on stuff I'm going to buy anyway) but I ALWAYS have the cash to back it up. I refuse to pay credit card interest or go in debt just to be faster than the other guy.I think the best way to do it is put a little aside each check and save systematically and before you know it you too can blow 3 g's on a rear too haha.
#72
Hard work.(just did a double shift w/ only 4 hrs sleep in between this week)Saving and not spending too much.I budget food,gas and a little fun, when the lady gets bored and stick with that.
I have no children to support(major bonus).My girls in college,so I take care of things.
My LS1 is paid for.
I have no children to support(major bonus).My girls in college,so I take care of things.
My LS1 is paid for.
#73
ALL of people with crazy mods/cars are in one of the following situations:
1. in mad debt
2. saved for a long long time
3. make shitloads of money.
4. they stole it.
I make almost $40 an hour and my rent is 300 bucks a month, but it would still take me months to afford some of the **** people on here have done to there cars, not to mention the cost of the car. I have alot of projects in my head, but can't muster the ***** to spend $15 grand on car parts, just so I can go faster than another guys car for a few seconds here and there.
1. in mad debt
2. saved for a long long time
3. make shitloads of money.
4. they stole it.
I make almost $40 an hour and my rent is 300 bucks a month, but it would still take me months to afford some of the **** people on here have done to there cars, not to mention the cost of the car. I have alot of projects in my head, but can't muster the ***** to spend $15 grand on car parts, just so I can go faster than another guys car for a few seconds here and there.
#74
Originally Posted by Thule
lol.. imagen how it is for us here to tune our things, everything is much more expensive, i paid 30k for my 98 Z28,
when whe are moidding whe buy the things in the us and ship it over here, with the expensive of shipping and taxes the thing costs twice the oem price,
for example i have spent about 21-22k in modds on my car,
10 spokes, tyres, SS spoiler, complete H/C/I motor, window motors, clutch flywheel, LT's Y pipe, catback,
when whe are moidding whe buy the things in the us and ship it over here, with the expensive of shipping and taxes the thing costs twice the oem price,
for example i have spent about 21-22k in modds on my car,
10 spokes, tyres, SS spoiler, complete H/C/I motor, window motors, clutch flywheel, LT's Y pipe, catback,
#75
Originally Posted by MNY PIT
Like the title says, how are you guys affording your 4k to 7k and up h/c/i packages and or fi packages? Ive got a steady job with the local police dept(keep the flames to a minimum im a dispatcher not an officer) but still can not figure out how i would be able to gather 6000 dollars for a blower or 4000 for a h/c/i setup.
Do you guys charge this stuff on your cards? Take signature loans out? What?
pit
Do you guys charge this stuff on your cards? Take signature loans out? What?
pit
#76
I just save up and budget the money in. I currently have the money for Lt headers ready but have not pulled the trigger as I have other more general maintenance/performance mods to do. I've already started to run prices on heads/cam and come up with a savings plan for that but h/c package won't happen until at least next spring so we shall see.
#77
right now I am jobless but making a shitload of money surely but slowly on ebay for now....when I get back from the cruise to the carribean next month its job time !
the GTO is 100% payed off,inheritence kicks ***
blowing it in a week is not kick ***
the GTO is 100% payed off,inheritence kicks ***
blowing it in a week is not kick ***
#78
i am cautiously spending...i have money in the bank in case of an emergency but i have most of my stuff on CC's paying it off monthly...
i won't exceed the amount of money i have in debt tho, i need to have enough to cover it if i lose my job.
i'm 19 i have the rest of my life to pay it off and i'm already making good money...
your only young once right,
i won't exceed the amount of money i have in debt tho, i need to have enough to cover it if i lose my job.
i'm 19 i have the rest of my life to pay it off and i'm already making good money...
your only young once right,
#79
Im 20 and making $9 an hour. You have to learn to save. I do work 50 hours a week. You do the math...I dont make ****. I try to buy as much stuff used as I can. I need to find a better paying job but until Im out of college my options are limited!
#80
all the mods i've done to my car were charged on a credit card and paid off the next month (to earn Disney dollars for the next vacation--- 1% sucks). Car is paid off. I'm engaged, so, i think my days of spending money on the SS are over. For some reason SHE thinks a house is more important.....go figure
I went to college for 5 looooooong years, got a bachelor degree in architecture and now I have a decent job where i've been for the last 9 years. I save as much money as I can so WE have a decent deposit for a house. She is a high school teacher, so, that basically says that i'll always be making more money than her.....unfortunately.
back to the point, debt isn't worth it. If you can't pay cash or pay it off the following month, then you probably can't afford it.........at least thats how I think.
I went to college for 5 looooooong years, got a bachelor degree in architecture and now I have a decent job where i've been for the last 9 years. I save as much money as I can so WE have a decent deposit for a house. She is a high school teacher, so, that basically says that i'll always be making more money than her.....unfortunately.
back to the point, debt isn't worth it. If you can't pay cash or pay it off the following month, then you probably can't afford it.........at least thats how I think.