Wolfy posted:

I have about $9000 in truck equity, should I roll that into a 2019 raptor?

Thanatosian posted:

From imgur, instead of Reddit:




Engagement rings seem pretty perpetually BWM.

BEHOLD: MY CAPE posted:

Hot take but leaving a car you can't afford to replace if it gets completely wrecked or stolen out on the street is BWM

BEHOLD: MY CAPE posted:

Hot take but leaving a car you can't afford to replace if it gets completely wrecked or stolen out on the street is BWM

BEHOLD: MY CAPE posted:

Hot take but leaving a car you can't afford to replace if it gets completely wrecked or stolen out on the street is BWM

Lowness 72 posted:

Is the raptor more expensive than the Platinum? What about king cab? I feel woefully uninformed about truck equity.

a cyberpunk goose posted:

very hot take because a lot of working class people dont have the option of a garage

Pryor on Fire posted:

The annual Colorado tradition of 20somethings telling me they are cashing in their 401k to buy new skis for this season has begun. I made it through the night without punching the dude who said this while everyone chatted about how epic of an idea that is.

Pryor on Fire posted:

The annual Colorado tradition of 20somethings telling me they are cashing in their 401k to buy new skis for this season has begun. I made it through the night without punching the dude who said this while everyone chatted about how epic of an idea that is.

Pryor on Fire posted:

The annual Colorado tradition of 20somethings telling me they are cashing in their 401k to buy new skis for this season has begun. I made it through the night without punching the dude who said this while everyone chatted about how epic of an idea that is.

Krispy Wafer posted:

Wait until we’re black diamond.

Krispy Wafer posted:

Wait until we’re black diamond.

Krispy Wafer posted:

Wait until we’re black diamond.

Krispy Wafer posted:

Wait until we’re black diamond.

Weatherman posted:

Holy poo poo

Known Lecher posted:

Krispy Wafer posted:

Wait until we’re black diamond.

Krispy Wafer posted:

Wait until we’re black diamond.

100 HOGS AGREE posted:

oh that reminds me, my coworker that just got fired on Tuesday had just taken a 401k loan to help pay some medical stuff. poor guy is extra hosed.

Elephanthead posted:

I don't think you need a loan for that should have been a hardship withdrawal. I doubt the guy was maxing contributions if he needed money for that. Anyway paying a medical bill is bad with money, those are the easiest debts to discharge in bankruptcy.

brugroffil posted:

Hot take: why not just have your chauffeur park it at your second home? I mean come on people!

He says nothing about the cost of the car in the op. Maybe it was something inexpensive but was reliable for his daily commute, and he is unlikely to find another car he can afford that would be as reliable.

Krispy Wafer posted:

Wait until we’re black diamond.

Pryor on Fire posted:

The annual Colorado tradition of 20somethings telling me they are cashing in their 401k to buy new skis for this season has begun. I made it through the night without punching the dude who said this while everyone chatted about how epic of an idea that is.

100 HOGS AGREE posted:

oh that reminds me, my coworker that just got fired on Tuesday had just taken a 401k loan to help pay some medical stuff. poor guy is extra hosed.

BEHOLD: MY CAPE posted:

I think the thread has really come full circle if "eliminate devastating financial risks when possible, minimize those risks when you can't eliminate them, and probably spend less on your car" is being shouted down as bad posting, lol

therobit posted:

I'm not sure where you live, but in Oregon most people don't park in the garage.

quote:

After finishing up his day job at a charter school, Sherwin Karunungan heads to a nondescript warehouse in San Francisco that serves as a shipment hub for Amazon.com. In a windowless breakroom, Karunungan presses a single button on his phone, over and over, to request a gig through Amazon Flex.

quote:

Because workers rely on their own vehicle, pay for their own gas and tolls, and sometimes need to return to the warehouse at the end of the day, a Flex job can feel a bit like playing the slots. And because they’re required to make the deliveries in a narrow window of time, Karunungan jumps up from his chair and hurries to retrieve his orders and load them into his car.

quote:

On Nov. 1 Amazon raised the minimum wage for all U.S. employees to $15 an hour, a move that was seen as a response to political pressures. The company said it’s also giving raises to every operations and customer-service employee in hourly jobs, including part time and temps. Flex workers are not eligible because they’re contractors.

Amazon advertises an hourly rate of $18 to $25 for Flex. But interviews with Flex drivers and research by financial analysts at Bernstein indicate the net pay is much less when accounting for essential, on-the-job expenses. Actual earnings are $5 or $11 an hour, depending on what a worker chooses to deduct, Bernstein found. The calculation assumes a driver makes tips and records certain work-related costs, such as fuel and tolls.

quote:

Package runs are timed, and workers are kicked off the system for missing delivery windows, which creates an incentive to run red lights, double-park and go over the speed limit, drivers say. After an assignment, Flex workers are sometimes required to bring goods they were unable to deliver back to the warehouse. The trip is unpaid and can take an hour or more but is necessary to stay in good standing with the company.

quote:

The study says that within a four-hour block, workers can expect to spend more than an hour going back and forth to the warehouse picking up boxes or returning undelivered ones. This contrasts with other on-demand contract work like ride-hailing, where drivers start and stop the clock anytime and from practically anywhere.

When factoring in this unpaid time with Amazon Flex, as well as the full gamut of expenses associated with the job, including vehicle depreciation, insurance, maintenance, mobile phone fees, fuel and tolls, net earnings can approach $5 an hour on average, Bernstein says. Only deducting for gas, tolls, and half their insurance and maintenance costs, hourly pay works out to $11, the study says.

quote:

Stephen Anthony left his job as a data specialist for T-Mobile in Renton for Amazon Flex because it allows him to spend more time with his daughter. He drops her off at his in-laws’ house on the way to the warehouse and works fewer hours than before. The financial costs of the work aren’t a major concern for him right now.

“I think I’ll figure all that stuff out when I do my taxes,” Anthony says. “It definitely seems like you’re making more than you are. But if I really just concentrate on it and budget, then I’m sure it will all work out in the end. I hope.”

quote:

Jodi Lynn Reeves signed up for Amazon Flex in Kansas City, Missouri, after she left her job at a company that collects coins from laundromats and struggled to find steady employment. She says she’d get a buzz when the money from Amazon would appear in her checking account every few days.

“Through Amazon, I felt so blessed,” she says. “More than the money, I loved seeing the sunsets while I was driving. I lost weight lifting all those heavy packages and getting my steps in looking for the doors.”

But after two months, Lynn Reeves realized she was earning just $5.50 an hour driving long distances and paying tolls to deliver packages in her Ford Expedition, which gets about 13 miles per gallon. She estimates her fuel and tolls cost $50 for a four-hour shift and pushed her net income well below the U.S. minimum wage for employees, which is $7.25.

Hyrax Attack! posted:

“I think I’ll figure all that stuff out when I do my taxes,” Anthony says. “It definitely seems like you’re making more than you are. But if I really just concentrate on it and budget, then I’m sure it will all work out in the end. I hope.”

Krispy Wafer posted:

Wait until we’re black diamond.

Residency Evil posted:

Just want to say this is really great.

Krispy Wafer posted:

Wait until we’re black diamond.

GoGoGadgetChris posted:

I've never heard of garages as a regional trend, heh. Are you saying that like... Houses werent built with garages here, or that people use them as storage instead of car parking because of the mild weather?

GoGoGadgetChris posted:

I've never heard of garages as a regional trend, heh. Are you saying that like... Houses werent built with garages here, or that people use them as storage instead of car parking because of the mild weather?

Krispy Wafer posted:

Wait until we’re black diamond.