Quote:
Originally Posted by RevYouUp
I know of someone in his early 30s handed a $100k down payment for a condo with a 500k mortgage and he’s struggling. He has $60-70k in credit card debt and is working cash jobs to avoid taxes. He’s missed multiple mortgage payments and found a younger girlfriend to move in with him to pay rent.
He drove a stupid Audi to flex and sold it to buy a Tesla to do Uber. However, he was rejected for his finance application (prob 84 months 7%) and had to use his girlfriends name to finance it. His justification was he’ll save $500/month in gas and he’ll make 10k a month doing Uber. I feel bad for the young girl as she’s kind of naive. This guy cares about his image and perception so much that he’s in crippling debt, don’t be like that guy. He’s always full of excuses and BS to as why he needs to do what he does.
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This reminds me of a poor lady, an immigrant who came to the country doing house cleaning to get by. She eventually turned it into a business, hired staff and expanded. She was doing good, not rich, but well enough. Then she got married. What she didn't know was that the guy she married had a crippling amount of debt.
She thought she loved this guy. And based on her upbringing, culture, sense of responsibility, she believed that the right thing to do was to try and help him pay off his debt. She couldn't. And not only that, she ended up putting her business into debt trying to "save" him. The mofo was using her to fund his extravagant life. It's fucking sick. There's no happy ending here.