How many of you have pushed off buying a car for when you're done paying student loans? I did and for some weird reason, this article makes me feel like I'm doing the right thing :D. It also works out for me because I live in New York. Do car owners here who haven't finished paying student loans off wish they didn't buy a car or was it an absolute necessity?

Post Photo
like
Posting as :
works at
You are currently posting as works at

I'm 34 and I wish I owned a house by now and that my debts were paid off... so tbh having a car is the only sense of accomplishment I feel. Also, I love driving so this article doesn't relate to me.

like

I'm waiting to buy a car for once I'm done with debts too. And sure, if there's evidence that driving more leads to unhappiness, I'll consider it a positive that I don't have a car yet haha.

like

Not needing a car is solidly 20% of what keeps me in Manhattan

like

I don’t live in an area where this is a viable option. I will say though that cars are a huge headache. You either buy something old and cheap and have to dump money into it, or buy something shiny and new and have a monthly payment on it. There is a lot in between, but I can say that car ownership sucks, driving sucks because of the other crazies on the road.

I wish I had the option. Sadly I live in an area where not having a car would mean no transportation. There is not great public transit here. So until then I buy beaters with heaters in cash.

I actually did this as well because I had pretty decent car that got me from point A to point B so it felt like buying a new car wasn't a priority.

Related Posts

like

I selected new tax regime in the company 'xyz' portal for April 2021-March 2022. I left this company in jan 2022 and tax of 16k got deducted from F&F settlement.

I have investment in EPF and submitted the rent receipts to the company for tax exception for HRA. But in F&F, based on new regime tax deducted.

During filing ITR for assessment year 2022-2023, can I file by selecting old regime and get this 16k return?

like

How many think marketcap of cryptos will reach 700 billion or more before year end?

like

Anyone buy storm? I almost bought in the ICO at $.02 /coin, now up to $0.18.. curious if anyone is HODLING also if anyone had a target for it

Day traders, what do you use to trade?

like

How do they verify your health status when getting life insurance online?

Post Photo
likefunny

Looking for a financial advisor to help us begin investing - any recommendations? Is $30K enough to start with?

like

I have a townhome I want to rent out and wanted to see if there would be any interest here for a furnished townhouse (just main things like bedframes, sofa, dining table, bar stools etc). Most property managers are saying people wouldn't go for furnished, but I think it might be helpful for someone who doesn't want to move stuff or buy stuff. Wanted to get opinions from this bowl as the property is in Denver - thoughts? It's a 3 bed, 2.5 bath in a nice neighborhood.

like
like

Any of you file with Sudhir Tax (www.sudhirtax.com) services based out of NJ? They seem to give really high tax returns, fees are also higher but online reviews say they might be filing it incorrectly and are not reliable. Can anyone share any personal experiences if they have any? TIA

like

Is retail quant trading on a massive rise?

likehelpful

Silly question but if you are auditing a bank. How do you audit cash without a confirm

like

A lot of my friends (on H1B) have bought houses in suburbs (or away from City) the past year. I really would like to stay near City (NYC). Any of you considered or have bought apartments in City area instead of huge suburb houses? Any pros and cons that you are aware of?

like

Wrapping my head around the equity piece of an offer. Is the equity you are granted in dollars converted to shares right away? So if the stock goes up or down, the totally dollar amount in equity granted when you sign might not be what you actually get over the first four years?

like

Can someone point me to some material where I can read about profit sharing vs 401k. I get the concept, but I am trying to understand is 10% profit sharing vested over 5 years better than an employee 401k match of 6%?

From my understanding 10% PS is better because it’s just a standard 10% on top of whatever I contribute though it takes 5 years to vest. Does this mean if I leave before 5 years I don’t get any of it?

like

How much liquid capital do you currently have?

like

Hi all - I’m new to freelance in 2020, have an LLC and wanting to create my own banking and investment accounts separate from other family income. What is the best money management platform used by those in our industry. I see Betterment is an option. Thoughts?

like

To take advantage of the next big economic downturn, should I set up a Robinhood or Charles Schwab account?

likehelpful

Mt Gox bitcoin liquidation: Influencer hype or actual likely source of downward price pressure in the next month?

like

More Posts

So excited to be putting in my notice next week!

like

Hey friends! I hope everybody has had a productive week and had an awesome weekend for those who enjoyed their holiday! This question is specifically for Amazon Web Services in sales.

So I am currently a potential candidate as an AAE. I was told that I would in the future have to prepare a mock deck and deal with objections.

Has anybody had to prepare them and what was the scenario?

Thanks everyone!

like

Is cognizant still in work from home ?

like

Anyone in Ontario, canada?
What are you making yearly? And what kind of sales?
I am currently in product sale and make roughly around 100k a year, with 40k base. I would like to get my hands into tech sales and tip and tricks

like

Hi Fishes,

How much percent increment should I expect from Reliance JIO , if I switch from a Big4 to Reliance JIO ( Profile offered : Product Manager)
Current Fix CTC : 18 lpa
Total exp : 5 years

like
like

Hi Guys,
Anyone joined CTS as lateral hires still in bench more than 30 days. If you got the project recently, pls guide how to get the project.

And if have openings in ADM domain let me know

like

What's a good heel height for work?

Please advise. I am trying to keep the CV short but I feel I am really underselling myself. TIA

Post Photo
like

Hello fishes..How are pega developer openings for 2 year experienced lately @tcs @infosys @aaseya @coforge @capgemini @techmahindra @cts @verizon @virtusa @pegasystems any information will be of a great help

like
like

Hi all, do we have atleast some say in the projects we are assigned to as a new joinee in IBM? Any reason we can give since I've been working in banking domain for 6.8yrs and want to join another? Will it be considered?

IBM

helpful
like

What’s common PTO wise in big law?

funny

Hi,

I got offer letter from IBM and since I had had to update joining date ,I send query.When will I get my update offer letter?

like
like

Can anyone recommend a reliable handyman serving SW London? Some painting, correcting plumbing fixtures, fixing a few shelves etc. DM me pls!

like

I think it actually happens 100% of the time

Post Photo
likefunny

Consulting be like

Post Photo
likefunny

Additional Posts in Student Loans

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

like

Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

likefunny

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

like

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

like

Does having student loans impact your ability to get a mortgage?

like

I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal