- Joined
- May 1, 2020
- Messages
- 225
Don't like debt. Went through a bankruptcy after losing a business in the 08 thanks to the banking debacle. Don't get me started!
Bought a 07 pick up to go to auctions and try dealing in antiques for some extra money. Knew the market would crash at some point so we only collected farm antiques that we liked and could use. The truck payments bothered us knowing that were being charged $100 a month interest. So we dug into savings and paid it off. We bought 3 acres a couple of years ago. It was on a 5 year note and we paid it off in 23 months.
Good news this past week, we received notice that our home interest rate is going down to 3 percent. Our payment's will be under 400 a month. 20k left to pay. We will now need to replace the savings. Bad news is we need to increase our prepping needs. Keep in mind we both make under 20 bucks an hour. I have an AR but no ammo. Don't have any hand guns. Spent our Trump Bucks on a drive culvert and gravel at the land. Hoping to move two shipping containers we own to the land this fall. I'm going to try my hand at building a container barn there.
Bought a 07 pick up to go to auctions and try dealing in antiques for some extra money. Knew the market would crash at some point so we only collected farm antiques that we liked and could use. The truck payments bothered us knowing that were being charged $100 a month interest. So we dug into savings and paid it off. We bought 3 acres a couple of years ago. It was on a 5 year note and we paid it off in 23 months.
Good news this past week, we received notice that our home interest rate is going down to 3 percent. Our payment's will be under 400 a month. 20k left to pay. We will now need to replace the savings. Bad news is we need to increase our prepping needs. Keep in mind we both make under 20 bucks an hour. I have an AR but no ammo. Don't have any hand guns. Spent our Trump Bucks on a drive culvert and gravel at the land. Hoping to move two shipping containers we own to the land this fall. I'm going to try my hand at building a container barn there.