Quote:
Originally Posted by Savageenterprise
If affording the car cuts into a significant amount of money that you save every month then I would say don’t do it.
If you’re still stacking a healthy amount of money every month and aren’t living paycheck to paycheck or needing to tap into savings because of the car then I would say you can afford it.
|
I agree.
If your bills are paid, and you are saving both $ (in the case of an emergency or loss of job) AND contributing to your 401(K) should be in decent shape. If buying the M3 would cut into either of the above, perhaps should hold off.
Always invest in the ability to support yourself should the situation arise: both in the present, and in retirement.