Who are these kids?!?!

[sicktc06]

After some financial advice, keeping your debt/income ratio inline imo is more important than where the money goes at the end. whether you buy a big fancy boat on a 15 year note, or a cheaper boat and have jetskis, motorcycles, utv's and the such, or a second house, it's all about managing what you make and making sure you are liquid enough to get out if you need to(not upside down)..

I agree with you 100% here. I'm working on finding the perfect house for myself right now in every way - cost, space, area- whole 9 yards, the reason I didn't trade my boat in on the Supra, so I'm having to make sure I can manage my money correctly and have my backup funds in case something were to happen.

to the op, it does make me sick to see 20somethings at the lake in 75k boats being towed by 50k trucks and guessing they are either from money and no respect for what they have or mortgaged to the hilt and one paycheck away from financial ruin.. sad thing is the courts have made bankruptcy all too common of a way out..

Stereotypes ruin it for those of us who actually busted our @$$'s for what we have! I will say though, you can tell those who actually care about their possessions (most likely those who did work for it) and those who's been handed it just simply by their attitude and the way they go about boating. Now, I have actually asked someone who looked to be my age on an X-45 MasterCraft how they got their boat and have gotten the straight up answer his dad bought it. All I could do was... *FacePalm*

And YOLO? HA! You'll only hear me say that in it's full form on a rare occasion such as this one! My real motto is hakuna matata!!