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However, combined circulation figures for Cosmopolitan in the July to December period of 2018 dropped 20.6 percent and according to Hearst U.K., the drop was due to the increase of price from one to two pounds.
to me to be the assumption that there is something in the necessary effect of what is known as " progress," to increase the drain on the inward elasticity and vitality of human nature. Now, that appears, on the whole, improbable, if not untrue, though undoubtedly, for particular phases of progress, it is true. It is clearly true that what we may call childishly happy races lose a great deal of the fountains of their joyousness, in losing their ignorance and their indifference to the future. I do not doubt for a moment that the Irish peasantry of the time before the famine were a far more joyous race than the Irish peasantry of the present day ; nor that the negroes of our West-Indian colonies, as they grow in culture and the power of looking forwards, lose a great deal of their gaiety of heart. Unquestionably, too, as the pressure of individual responsibilities on the character increases,— whether through the adoption of Protestantism, in place of Roman or Greek Catholicism, or through the growth of political anxieties and the habits of self-government,—that superabund- ance of the vitality needed to meet human cares which exhales in joyousness, tends to diminish. To admit as much as this is only admitting, in relation to nations, precisely what every one concedes in relation to individuals when it is said that the period of youth, before the weight of personal responsibilities becomes very heavy, and after the yoke of parental authority has ceased to be so, is the most joyous period of life. Unquestionably it is so, for the very good reascn that it is the period of life when there is more vitality, and less external drain upon it—a greater excess of in- ward springiness over outward anxieties—than ever before, or ever after. Some exceptionally happy children are perhaps even more joyous as children than in youth, but then they are the children who are not much " disciplined " in their childhood, and who therefore do not enjoy, later in their youth, the sense of power which that discipline is apt to give. As a rule, I fancy those children whose childhood is most joyous will not find their youth equally so, for they will miss the exquisite stimulus not merely of the final release from authority, but of the new consciousness of strength which the pressure of that auth- ority has secured for them. And something of the same kind may be true of nations. As the man who has to get in youth the dis- cipline which he missed in childhood, will seldom find his youth so joyous as the man who inherited from his childhood the power which discipline gives, at the sometime that he exults in the creative life of youth,—so the peoples which are too light-hearted and with- out thought for the morrow in one part of their career, are apt to become gloomier as they become more prudent ; whilst those who have passed through a corrective discipline of responsibility in the earlier stages of their growth, will often blossom, as Athens did in the age of Pericles, and as England did in the Elizabethan period, into a sort of joyousness which is not the joyousness of mere light hearts, but includes the joyousness also of creative power. I say this to guard myself against being under- stood to mean that there is no kind of progress which does not, and does not necessarily, drain away the sources of that exuberant vitality to which joyousness is due. But the general thesis advanced is not that there are some changes of the progressive kind in the life of peoples, as in the life of individuals, which tend to exhaust joy,—but that all pro- gress tends to be of this nature, that in the growth of science, and popular knowledge and sympathy,—the three chief constituents of progress,—a cause is at work which of itself tends and neces- sarily tends, to overtook men, and to drain off that surplus life, that redundant buoyancy of nature, without which the joyous temperament is hardly possible.
Now this appears to me untrue. I cannot see any tendency in- herent in the growth of science, of popular knowledge, and of sym- pathy, to overburden all men, no matter in what phase or stage of character it finds them. You cannot say absolutely of any one man, or of any one race, that the letting of new cares and responsibilities into his life will diminish joyousness. Joyousness seems to me to de- pend chiefly on the relative proportion between life or power, and that burden which stimulates and elicits life and power. Where the burden is sufficient to elicit the whole power of an individual or a race, but not to task it to the full, to leave a certain margin always ready to bubble over,—there, to my mind, the conditions of joyousness chiefly exist. But it is quite as easy to destroy the conditions of joyousness by a deficiency in the stimulus, as by an excess. The greatly over-worked man can never be joyous. The slightly under-worked man, if he is worked in that vein which best elicits his own consciousness of power, is the most likely of all to be so. But the greatly under-worked man, the so-called man of leisure, is hardly ever joyous. And so with nations, the over-tasked nation,—" the weary Titan, staggering on to his goal," —is never joyous ; the greatly under-tasked nation seldom ; the nation which is just coming to the consciousness of its power, but feels that it has enough and to spare for all the probable drafts upon it, is in the condition most favourable to joyousness of any I can conceive.
Now let me apply this principle to the effect of growing science, growing knowledge, growing sympathy, on the life of man. Undoubtedly, it is true that the rapid dissemination of know- ledge peculiar to our age, has a much greater tendency to tell us gloomy news than cheerful news. Prosperity is not a sensational fact : it seems so appropriate, that it does not attract attention : you telegraph a crime or a suicide, when you would not think of telegraphing a benefaction, or an accession of fortune. But I doubt extremely whether the gloom thus diffused over the world diminishes at all seriously the total amount of human joyousness. The fact is, that human sympathy, even at its highest point, is a limited quantity in human nature, and often quite as great in the man whose knowledge of misfortune only extends over a couple of alleys, as in him whose knowledge extends over two hemi- spheres. The general effect, I fancy, of increasing the range of our sympathy with the race in general, is to drain off a certain portion of its intensity for individuals. It has often been noticed that sympathies which are very wide, are not so eager in relation to individuals, as the sympathies which are somewhat narrow in range. I cannot help thinking that as the range widens, we probably feel more equably with all, but less ardently with a few. At all events, I doubt if the knowledge of distant and half-realised suffering, however terrible, sensibly diminishes that individual overflow of life and power in a creature so limited as man, to which joyousness of nature is due. So far, indeed, as the attempt to relieve such calamities overpowers the energies of men already tasked up to their full strength, it would, of course, have this effect. But short of this, I greatly doubt it. You cannot sympathise enough with unknown sufferers, to restrain the welling-up of a buoyant, inward strength. As a child is quite unable to suppress its gaiety for anything less than a grief which touches its home, so men are unable to suppress the overflow of their strength and youth, for anything less than a calamity which touches somewhat closely their own race. And we must remember that there is another side to the account. Every growth in the power of sympathy is probably a much greater addition to the fountains of joy than to the fountains of sorrow,—not, indeed, because you enter into the joys of others half as clearly as you enter into their sorrows, but because the power of sympathy is in itself so great a source of imaginative life, so great a help to the insight which elevates anguish into tragedy, and suffering into sacrifice ; because it enables us more than anything else to obtain partial glimpses into the ends of -sorrow, and of the light behind the cloud of pain ; because it aids us to feel that we are not merely men, but also sharers in the life of man. In the highest sense of the word " gladness," I believe the growth of sympathy has swelled the springs of glad- ness, much more than it has swelled the springs of sorrow, by the extension it has given to the vividness and range of the human mind, the exaltation, not to say rapture, it has lent to the mood of meditative faith, and the sublimity which it has added even to many aspects of human suffering. Strangely enough, even those who, like Shelley, disbelieve in God, have been raised by the higher Rights of human sympathy so as to reach some inscrutable confi- dence in the ultimate victory of Promethean fortitude over unjust power; and we see something of the same unreasonable, but in- destructible, faith, in the exaltation with which modern Positivists speak of the future of humanity. All this meditative prophecy seems to me to be reasonable only so far as it is evidence of a real com- munion between men and God such as forces these beliefs even on those who have no logical ground for them. But whether it be so or not, it is at least clear that the extension of a vivid sympathy with all human feelings and hopes has, as a matter of fact, added, whether reasonably or unreasonably, at least not less,—I believe much more,—to the spring and elasticity of human hope, than it has added to the detailed suffering due to our enlarged knowledge of human misery.
the growing knowledge and the growing sympathy keep, as it seems to me, that instinctive sense of surplus power rather on the increase than on the decline.
Then there is the growth of Scepticism, and I do not deny at all that the growth of scepticism does tend more effectually to throw a damper on the human spirit, to quench its vividness, to overshadow its joyousness, than any other influence really at work and probably destined for a time to grow, in this world. But then I suppose the growth of scepticism,—so far as it is due to "progress,"—so far as it is due to the new light and knowledge,—not, of course, so far as it is due to the old darkness of selfishness and sin,—to be only a temporary phase of error, and in that degree in which it is a phase of progress at all, only a phase essential to the ultimate and more steady decline of scepticism. Even now the higher sceptics are compelled, by their own minds, to give their materialism an idealistic turn which is almost fatal to it as materialism. Even now " the secret of Jesus," to use Mr. Arnold's own phrase, is claimed by one of the Agnostics as the deepest principle in the law of the Universe. Mind and conscience,—thought and self-sacrifice,—infinite pur- pose and divine humility,—are recognised more and more every century as at the heart of material things ; and the more tlxs recognition grows, the more, in my belief, will the spring of joyousness grow with it, for the greater will be the inward re- sources of man, and the less iu proportion the burden he has to bear.
Top-seeded Gonzaga defeated ninth-seeded Baylor 83-71 to advance to the Sweet 16 of the 2019 NCAA men's basketball tournament.
Brandon Clarke led the Zags with 36 points—a school record in the Big Dance—on 15-of-18 shooting, while Rui Hachimura finished with six points and five boards.
A 22-point effort from Makai Mason helped propel the Bears into the second round with a win over Syracuse, but the senior guard was unable to provide similar heroics Saturday. Mason shot 5-of-16 en route to 17 points.
Hachimura often grabs the headlines for Gonzaga. He's the team's leading scorer (20.1 points entering Saturday) and is widely considered the Bulldogs' best pro prospect. Against Baylor, Clarke showed why he was just as important to Gonzaga's success this season.
Two years ago, Clarke averaged 17.3 points, 8.7 rebounds and 2.3 assists for a San Jose State team that finished 14-16. On Saturday, he enjoyed arguably the best performance of his college career in his biggest game to date.
I know Gonzaga’s lauded redshirt development is a factor in why Brandon Clarke is Brandon Clarke, but seriously, how did he slip through the cracks and end up at San Jose State in the first place? Dude is such a stud.
In addition to his gaudy point total, Clarke had eight rebounds, three assists, two steals and five blocks. According to ESPN Stats & Info (h/t ESPN.com's Jeff Borzello), he's the third player in tournament history with at least 35 points and five blocks—Shaquille O'Neal and David Robinson being the others.
This will be a showing that NBA scouts and team executives look at frequently whenever the time comes for Clarke to enter the draft.
Brandon Clarke is, as they say, making himself (more) money tonight.
As great as he was, Baylor might have made this more of a game were it not for the team's dreadful offensive start. The Bears shot 8-of-27 from the field and 1-of-10 from beyond the arc over the first 20 minutes.
Baylor’s defense has held Gonzaga without a field goal for 2:34 and nothing to show for it. Still trail by a ton.
Compounding matters, Clarke was scoring at will inside. He made eight of his 10 shots and dropped 18 points on Baylor in the first half. At 6'8", the junior forward doesn't possess overwhelming size, yet he feasted on a Bears defense that has struggled with rim protection for much of the season.
On occasion, Gonzaga turned its suffocating defense into quick points. Geno Crandall capitalized on an errant pass to get a steal and then find Clarke for a breakaway two-handed jam to put the Bulldogs ahead 23-11 with 9:48 left in the half.
The Zags also used ball movement to get Baylor out of position and open up a lane to the basket for Clarke.
Baylor stormed out of the gates to open the second half, going on a 10-0 run and trimming its deficit to six points.
Shortly after the Bears' blistering run, though, Mark Vital, who had 17 points and eight rebounds, picked up his third and fourth fouls of the game, thus necessitating his move to the bench. The sophomore guard returned and tried to stem the tide by getting three points the hard way as Baylor trailed 55-44.
Although putting Vital on the floor with four fouls made sense for Baylor, he had to hold back a bit, lest he get his fifth and foul out. That was a clear problem when Gonzaga switched Clarke onto Vital on defense.
Vital had to statue against Clarke on defense because he has four fouls. Even yelled to the bench, "I've got four fouls!"
The Bears continued to hang around throughout the second half but couldn't get within striking distance. Their 10-point run gave the fans some hope, but once that fizzled out, Gonzaga regained control.
For the Zags, Clarke essentially represented two automatic points on offense. As long as they funneled the ball inside to him, their possessions generally ended with a bucket.
By looking at Hachimura's stat line, one would've expected Gonzaga to be in serious danger of a second-round exit. Instead, Clarke stepped up, and the supporting cast did its part as well. Corey Kispert and Josh Perkins had 16 and 11 points apiece, and Killian Tillie's six rebounds helped the Bulldogs own a 39-27 edge on the glass.
Gonzaga will play No. 4 Florida State in the West Regional semifinals. The Seminoles beat Murray State 90-62 on Saturday.
A very popular organic and natural food supermarket is now on the south side! Earth Fare not only offers healthy food products, but on-the-go meals, on-site bakery and a health and wellness section. Earth Fare just opened in Greenwood, you can also find the store in Carmel and Noblesville.
For the few who can afford and are allowed them, televisions are registered, and their reception is controlled. Telephones are tapped. Mobile phones and computers are blocked from the Internet. For the vast numbers of the less fortunate, there's chronic malnutrition leading to generations of stunted physical development.
Worse yet are the public executions, torture and "disappearing" reserved for stamping out any shred of political dissent. Entire families vanish because of association with one accused member. Four political camps with shoot-to-kill security hold an estimated 80,000 and 120,000 of these forsaken people who, according to testimony before the U.N. commission, never go home.
Yesterday’s terror attack on an Israeli tour bus in Bulgaria could lead to war.
The bomb killed at least six and wounded 32 others. Israeli officials quickly accused Iran and its Lebanese terror arm, Hezbollah, of the attack.
“Only in the last two months, we have seen attempts to hurt Israelis in Thailand, India, Georgia, Kenya, Cyprus and other places,” noted Israeli Prime Minister Benjamin Netanyahu.
“This is an Iranian terror offensive that is spreading throughout the world,” he continued. And: “Israel will react strongly.” He promised reprisals against Hezbollah, but if it becomes clear that Iranian agents played a role in the attack, action against the Tehran regime may also be on the table.
Israeli analysts likened Iran and Hezbollah to cornered animals, so desperate has their strategic situation grown.
Iran’s ally, the Syrian government of Hafez Assad, is in danger of collapse. At nearly the same time as the Bulgarian attack, Syrian rebels succeeded in killing some of the leading members of the regime at Syrian army headquarters in Damascas. Three top general were killed, including Assif Shawkat, Bashar al-Assad’s brother-in-law, the head of Syrian military intelligence.
But Israeli officials said the world had to step up the isolation of Iran. “The world has to step up crippling sanctions against Iran, and not just because of its nuclear program,” declared Deputy Israeli Foreign Minister Danny Ayalon. He said Israel will demand suspension of civilian airline flights in and out of Iran.
“This is a very serious attack, and for a long time we have been following the intentions of Hezbollah, Hamas, Iran and Islamic Jihad to prosecute an attack,” said Israeli Defense Minister Ehud Barak.
Israeli officials said that they’d warned Bulgarian officials that Israel had intelligence information that Iran and Hezbollah have been trying to infiltrate agents into Bulgaria from Turkey.
Some witnesses said a suicide bomber got on the tour bus inside the pickup area at the airport of Bulgaria’s chief tourist city, Burgas (several hundred miles from Sophia, the capital), but other reports spoke of an explosion caused by a bomb hidden inside a suitcase.
“We have decided immediately to reinforce the defenses of the Israeli embassy,” said Arthur Kol, an Israeli Foreign Ministry spokesman.
The bombing came on the 18th anniversary of the Iranian-Hezbollah attack on a Jewish community center in Buenos Aires, which killed 85.
Hezbollah and Iran have been concentrating on generally “soft” targets away from Israel for two reasons: They’re easier to hit than targets in Israel, and they make it harder for Israel to justify a direct reprisal on Iran or Hezbollah.
Israeli strategists also believe that Iran and Hezbollah are using the attacks to force Israel to lose its focus on Iran itself and/or to force Israeli tactical or political errors, undermining Israel’s drive to stop Iran’s nuclear program.
A single attack of this kind is highly unlikely to start a war on Israel’s northern border or spur a massive assault by Israel on Iran — but Israeli intelligence believes there are more Iranian-directed terror squads trying to attack Israelis.
If several attacks succeed simultaneously — as almost occurred several months ago — or if one attack results in many deaths, Israel might make a strong reprisal, say on Hezbollah’s vast armed camps in southern Lebanaon.
And that could escalate into a wider war.
As the latest target of the corporate raider fraternity, USX, the energy and steel company, is under pressure to find ways to maintain shareholders' loyalty.
Finance textbooks and the experience of other companies would seem to offer several alternatives, ranging from stock repurchases to the divestment of some operations. But David M. Roderick, who since becoming USX's chairman in 1979 has sold billions of dollars of assets and transformed the former United States Steel Corporation into an energy-dominated company, is likely to find he does not have many near-term options other than selling the company.
On Monday, Mr. Roderick disclosed that the company's financial advisers - reportedly Goldman, Sachs & Company and the First Boston Corporation - were to make recommendations within 30 days. That disclosure comes after the announcement last month by the Australian investor Robert Holmes a Court that he might acquire as much as 15 percent of USX's stock. More recently there have been reports that other corporate raiders, including Carl C. Icahn and Irwin L. Jacobs, have also acquired shares.
At first glance, the company seems to have several choices. Besides repurchasing stock, it could spin off its huge oil and gas operations and spin off or sell a major interest in its steel business. Most estimates of the company's breakup value, accounting for its debt, range from $20 to $40 a share, or $5.2 billion to $10.3 billion. The company's four operating units are: Marathon Oil; Texas Oil and Gas; USS (steel), and U.S. Diversified Group (businesses ranging from chemicals and engineering to real estate and railroads).
But analysts said that, considering the depressed level of energy prices, the company's overall debt burden and its steel subsidiary's severe problems, USX could do little to lift the value of its shares much higher than they are now. USX shares closed yesterday at $23.50, up 62.5 cents, on the New York Stock Exchange.
The company lost $235 million, or $1.09 a share, on revenues of $8.8 billion in the first half of 1986, and several analysts expect it to lose $1.91 a share, or more than $490 million, in the second half.
Most analysts now appear to be ruling out a major stock-repurchase program. It was once thought that such a move could be financed with a $2 billion surplus in USX's pension plan. As recently as early September, the company had said there was such a surplus. Now, however, the company's leaders are denying that such a surplus exists. Some analysts are interpreting the denial as an attempt to discourage a takeover attempt.
But even with a surplus, analysts said USX could not afford to buy back many of its nearly 258 million shares outstanding because it is already highly leveraged. Its $6.4 billion in long-term debt and $1 billion in preferred stock make up about half of USX's capitalization.
''A massive share-repurchase program would have a fatal impact on the balance sheet,'' Mr. Edgar said.
''They could surely take the oil and gas and the steel and break them into two companies,'' Mr. Jacobs said in a telephone interview this week.
Some experts say USX has already missed a chance to pursue one option for its energy holdings that might have pleased shareholders. It could have placed the properties in a master limited partnership, a structure that provides shareholders with tax-advantaged income. But that move would be risky now, the experts say, because Congress might change the tax status of such arrangements retroactive to Jan. 1, 1986.
Many analysts believe that the current market value of USX's stock reflects almost exclusively its energy properties. With Marathon's stakes in the legendary Yates field in Texas and the North Brae Field in the North Sea and with Texas Oil and Gas's substantial pipeline and gas holdings, USX's energy properties might fetch $7 billion to as much as $12 billion, according to some estimates. At the lower end of that range, however, the price would not equal what USX paid for the two companies - a point not lost on the corporate raiders.
Not concerned about preserving USX as a continuing company, the raiders would presumably feel no qualms about selling the company piecemeal to realize the highest price. Moreover, some analysts believe that a new owner might have better luck in solving the labor-management problems that have long plagued USX's steel subsidiary.
The most pressing problem for the steel business - the nation's largest, with revenues last year of $6.58 billion - is a strike by 44,000 active and laid-off workers who belong to the United Steelworkers. No end is in sight to the strike, which began on Aug. 1.
The company wants the steelworkers to agree to cuts in wages and benefits amounting to $3 to $3.50 an hour and to grant more flexible work rules. However, analysts say that even if it gets that, the steel unit would still have substantial problems, such as a number of outmoded plants. In addition, the entire industry is burdened by overcapacity.
Even though USX has made substantial progress in reducing its steelmaking costs in recent years, some analysts note a need for further improvements. LTV Steel and Wheeling-Pittsburgh Steel have the potential to use their bankruptcy proceedings to lower their costs by $75 to $80 a ton, giving them a $50-a-ton advantage over USX, according to Peter F. Marcus, an analyst at Paine Webber Inc.
USX would have difficulty quickly finding someone to buy either the whole steel subsidiary or a substantial stake, several analysts said. Potential purchasers could come from Japan or South Korea. But most Japanese steelmakers already have partners in the United States, Mr. Bradford of Merrill Lynch noted. And the Koreans, he added, seem committed to developing their domestic steelmaking capacity rather than making foreign acquisitions.
Mr. Marcus suggests that USX's main option to maximize value from steel would be to spin off the operations as a slew of separate entities. That could raise the amount realized by $500 million, said Mr. Marcus, who values the steel operations as a single unit at $2.3 billion, an estimate higher than that of other analysts.
The company, which has sold $3.6 billion worth of assets since its restructuring efforts began in the late 1970's, has other salable assets. These include chemical operations, real estate, electric-generating plants and railroads, which in total might be worth more than $1 billion.
Even before the takeover threat, Bruce E. Lazier, an analyst at Prescott, Ball & Turben, a Cleveland brokerage, assumed USX would get $500 million to $750 million from divestitures this year.
Estimates by Paine Webber Inc., in millions of dollars. Various estimates range from $20 a share to $40 a share. Assets Oil and gas business $7,390 U.S. oil reserves 4,500 North Sea oil and gas 1,200 Abu Dhabi, Indonesia oil -* Prospective energy acreage 240 Refineries and pipelines 550 Gas gathering 800 Drilling rigs 100 Steel business 2,300 Chemical operations 200 Manufacturing and engineering 50 Transportation (railroads) 500 Working capital 680 LIFO inventory reserves 380 Investments and other 300 Excess pension assets 1,500 Total Assets $13,300 Liabilities Value Debt** $5,470 Preferred stock 1,100 Other liabilities 1,100 Total Liabilities $7,670 Breakup Value $5,630 $21.82 a Share Minimal value. *Assuming $6.4 billion debt on June 30, 1986, could be bought for a discount.
How much is your car payment and insurance?
Discussion in 'Mayberry Lounge' started by WorldofWarcraft, May 18, 2014.
My nephew just bought a BMW, he's only 22 years old and makes $14/hr. at a very unstable job and with his parents breathing down his neck to move out. And he's got 2 kids, different mothers and hasn't paid child support EVER.
His car payment is over 1k a month... and I don't even know what his insurance is. Ridiculous. Now I know dealerships will finance just about anyone.
How much is your car payment?
As for my daily driver, I drive an old car, 2004 Toyota Corolla and paid cash for it a few years ago. I cannot stop thinking about getting a new Toyota Tundra, though. I need a newer offroad vehicle.
How did he buy a BMW and still makes car payments? That makes no sense to me.
I don't own a car because I don't need one. I'm a car dealer so I can take any car that we have in stock, the company I work pays about $70 a month for insurance for Delaware dealer plates.
I drive a Navigator, paid it off a few months ago. Insurance for it and my wife's Pacifica is about $800 a year.
Have a 2007 infiniti g35x. Pay just under 300/mo for it for another year and a bit. Insurance is 120/month.
Just got a 2014 accord. $260/month. Insurance for it and my wife's 2001 sentra together is $207/month.
wow, nice, you can take em home? How about if you want to go to another state?
Yes of course I take it home because that's my only means of transportation, I have a garage so that really helps.. Took a few cars to PA on more than one occasion. Also as long as I don't put a thousand miles on it. If I get close to that I have to take another car.
No car payment, I bought my car outright.
Insurance is $144 a month for a 2012 Ford Escape.
Never understood why people go way over their budget for a car - it is something that is a depreciating asset the moment you drive it off the lot.
As long as something gets me from point A-Z safely (and ideally, with air conditioning), I am a happy man.
2 vehicles - about 1000$ a month, plus another 180$ for insurance.
This, people spring for way too spendy of stuff. especially new cars. I have a pair of mustangs, one 2000, one 65. Own both outright, and pay around 130 a month for full coverage.
Two cars are paid for. 1 is almost 10 years old the other is 12 years old. They still run well and until they start being money pits, we will keep them.
Insurance is about 900/ year for the two vehicles.
OP's nephew is a perfect example of stupidity in our "look at me" society.
Around 440$ for two cars, one is payed off.
i pay $209/month for car. $123/month for insurance.
How does he get by without paying child support? Are the women well off enough to pay for everything themselves?
I haven't borrowed money for anything in the past 30 years. My policy is to only borrow money for things I need. You might need a car but nobody needs a new car. I buy what I can pay for and because of that, I can afford things I don't need.
I know many people who reached retirement age still deep in debt because they borrowed money to buy things they wanted instead of the things they needed. I know people who only look at the monthly payment not the total cost. People are paying over 12% on car loans and over 20% on credit card debt. Many people never pay off a loan on a vehicle. They just role the remaining debt into a loan on another vehicle.
It's going to catch up to him and when it does, he's fucked.
Anyway, I fully understand the desire to buy a new and expensive car. The temptation is strong, especially if you CAN get financed for it.
My car's paid off. I pay $99 a month for insurance.
I drive a 2007 Chevy Impala. Car payment is $185. Insurance is $114.

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