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Sage advice nigga

For me, the point is that the $7k debt is not a big deal - the problem is when someone decides to finance a car instead of paying cash (I’ve been guilty, trust me). Maybe you can sell your car, pay off the loan and use the rest on a cheaper car, no financing.

Given the situation you’re in now, if you have a job, just pay the monthly payments if that’s affordable and let your stack do its thing 😎 . Don’t panic like “I need to get out of debt right now!!!” unless that debt really really represents a lot of stress and risk for you. Just change your behavior going forward (“I promise not to finance a car ever again”)

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Discussion

Lucid 6mo ago 💬 2

Totally, and my car is pretty cheap with low payments relatively, and good on gas mileage. Reasons to do it are btc price is up and then it's one less bill which helps out with the 4k/ month in preschool + the new mortgage payments.

I think not sell.

proof of god 6mo ago

Hmm if you can’t make those expenses without going further into debt (credit card) than I guess you either find a way to raise income or consider selling something. If it has to be some BTC, ok, but that hurts. I’ve had to do it myself at some point this year

Lucid 6mo ago

I can make them, it's just to create more breathing room if that makes sense.