I reached financial independence and semi-retired in my mid-40's through hard work, smart living, and investing. This blog chronicles my journey and explores many aspects of personal finance including the psychological and behavioral factors that drive our habits.
I’d take the big tank SUV. It could pull the trailer & then no house or rent needed. Or, better yet, I could live in the back. The tinted windows are perfect.
Haha, if someone is going to live in the vehicle or tow their (assumingly low-ish cost) house, then ok, the Tahoe doesn’t deserve a face-punch. But a 10 year old used Tahoe would still be better. And you’re already FI Susan so all bets are off!! :
oh yes without a doubt! I’ve been drooling over the Ride1up Prodigy V2. Fancy mid drive for the win…..when it comes to bikes I’m kinda fancy ;-). It’s on sale now but I’m gonna hold out and see if it’s even cheaper on black friday, they tend to really mark them down then. If not, I have my beloved Surly.
Just looked that one up, looks very nice! All you really need is 250 watts, anything more just starts turning it into a motorcycle and drains the battery way faster. And Surly’s are the bomb, I’ve come close to buying one a few times and am always checking the used market for a bargain on one since they’ll last forever
Your topic is spot on! Please include two small points for everyone to consider: Review your credit and make sure you correct any mistakes if you plan to finance anything…26% of all credit files in America have an error. Second, buy nothing but the vehicle at the dealership! Even if you can pay cash, let them finance it, as they may reduce the price by $1,000 as they plan to make $6,000 through financing it! Remember the dealership always sells your contract to the lender that will charge you the most and give them the maximum profit. Refinance on day one.
Of course we picked a house and location that I walk or bike for all my daily activities and for a bit further away I use my e-bike. That being said we did recently pick up a nearly brand new used Hyundai Kona EV for our primary vehicle for trips beyond what is practical for our bikes. The wife loves it (and so do I) but the best part was because of years of great FIRE skills we were able to pay cash for it, first time in our lives and no financing.
Sweet, just looked up that Hyundai Kona and it’s looks really nice! There’s so many EVs out now I can’t keep up with it. I bought my Outback 11 years ago with cash and it feels liberating doesn’t it? I know that comes off as a kind of elitist thing to say, but hey you and I weren’t born with silver spoons, we worked hard, saved, and got ourselves to the place where we could do that. Congrats on the vehicle Chris!
Toyota for the win! We got a Mazda5 before our son was born and it should last until he goes off to college. It has been so reliable. I’ll get a convertible when he’s gone. 🙂
Turnip FIRE! is like, real fake news. I mean, there’s fake news that’s meant to be real, and then fake news that’s meant to be fake. The fake news that’s meant to be real is like, actual fake news. Turnip FIRE! is fake fake news…. okay now I’m confused…. Anyhoo, don’t take any Turnip FIRE! stories seriously. Just don’t.
I’d take the big tank SUV. It could pull the trailer & then no house or rent needed. Or, better yet, I could live in the back. The tinted windows are perfect.
Haha, if someone is going to live in the vehicle or tow their (assumingly low-ish cost) house, then ok, the Tahoe doesn’t deserve a face-punch. But a 10 year old used Tahoe would still be better. And you’re already FI Susan so all bets are off!! :
Neither. I’d get a bicycle.
You win!!
Haha, love this! I’d get ANOTHER bike, maybe an ebike 😁
Yes! I don’t have an ebike, but am 99% sure one will be in my future eventually, pedal assist of course 🙂
oh yes without a doubt! I’ve been drooling over the Ride1up Prodigy V2. Fancy mid drive for the win…..when it comes to bikes I’m kinda fancy ;-). It’s on sale now but I’m gonna hold out and see if it’s even cheaper on black friday, they tend to really mark them down then. If not, I have my beloved Surly.
Just looked that one up, looks very nice! All you really need is 250 watts, anything more just starts turning it into a motorcycle and drains the battery way faster. And Surly’s are the bomb, I’ve come close to buying one a few times and am always checking the used market for a bargain on one since they’ll last forever
Your topic is spot on! Please include two small points for everyone to consider: Review your credit and make sure you correct any mistakes if you plan to finance anything…26% of all credit files in America have an error. Second, buy nothing but the vehicle at the dealership! Even if you can pay cash, let them finance it, as they may reduce the price by $1,000 as they plan to make $6,000 through financing it! Remember the dealership always sells your contract to the lender that will charge you the most and give them the maximum profit. Refinance on day one.
You just included those points! 🙂 This is obviously your expertise so thanks for commenting!
Of course we picked a house and location that I walk or bike for all my daily activities and for a bit further away I use my e-bike. That being said we did recently pick up a nearly brand new used Hyundai Kona EV for our primary vehicle for trips beyond what is practical for our bikes. The wife loves it (and so do I) but the best part was because of years of great FIRE skills we were able to pay cash for it, first time in our lives and no financing.
Sweet, just looked up that Hyundai Kona and it’s looks really nice! There’s so many EVs out now I can’t keep up with it. I bought my Outback 11 years ago with cash and it feels liberating doesn’t it? I know that comes off as a kind of elitist thing to say, but hey you and I weren’t born with silver spoons, we worked hard, saved, and got ourselves to the place where we could do that. Congrats on the vehicle Chris!
Toyota for the win! We got a Mazda5 before our son was born and it should last until he goes off to college. It has been so reliable. I’ll get a convertible when he’s gone. 🙂
Toyota has cracked the code on engines, period. They run forever. A FI persons car for sure!