No. of Recommendations: 0
<<When I bought the car, I felt like I 'should' have one at this stage/age in my life. Everyone I know is accomplished and settled, and I still have to take the bus or train to work in my 40s. >>

As you have discovered, once you spend money it can be hard to unspend it.

At a minimum, you need to think of some ways to put the brakes on impulse spending before things like this happen again.

Your reasoning above is that you should buy a car because you "deserve" it. That's poor decision making.

Regardless of what you do about the car, I think you should do a LOT of careful thinking about what you spend money on. You need to learn to make shrewd and smart decisions about spending money --- to have your rational side in charge of that rather than the emotional side.

But good luck! If buying the car proves to be a wake up call that causes you to think more clearly about spending, it may prove to be a good investment!

Seattle Pioneer
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.