Quote:
Originally Posted by ntgarage44
I was taught to always make sure the house is paid off as soon as possible. Until then, nothing else matters besides food and health insurance. The last thing you want to be is homeless from not being able to cover your mortgage and car payment.
The best things in life take time. Use that 10 grand to help pay off your mortgage, as well as the other 30+ you were going to spend on the car. Until your Camry is broken, you don't need a new car.
Be patient. Get yourself into a financial situation where the house and car you own are actually yours, not the bank's. Nobody knows what tomorrow will bring, and a roof over your head is boring now, but a hell of a lot better than a reposessed m3 if ends can't be met later.
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Taking 10k and putting towards a mortgage will help but no matter how you slice it, he's still going to have that nut every month.
You never get the opportunity to borrow money at such a low interest rate other than a mortgage so I personally would not take 10k and throw it into that.
Plus, he's talking about wanting something to enjoy and things we enjoy cost money.