Total expenses for my almost 20 year old truck are around 300€/month. While not cheap, it’s not that expensive either. Housing and food are by far the biggest expense categories for me.
If I owned a car outright, and never drove it, I would still be paying about $1500/yr in insurance and parking fees. Add in gas, maintenance, and the actual cost to buy and I couldn’t afford it.
I have a (refurbished) namebrand phone but I’m not struggling financially. I worked damn hard and got damn lucky to get to this point, though.
Edit: Not driving a car is part of why I’m solvent, though. Those bastards are expensive.
Total expenses for my almost 20 year old truck are around 300€/month. While not cheap, it’s not that expensive either. Housing and food are by far the biggest expense categories for me.
If I owned a car outright, and never drove it, I would still be paying about $1500/yr in insurance and parking fees. Add in gas, maintenance, and the actual cost to buy and I couldn’t afford it.
Good thing I don’t need it.
Makes sense. Cars for most people are money pits. On top of that, the insurance sucks even more.