Wednesday, November 26, 2008

I feeling like buying...

A Toyota Vios! It is quite cheap for a second hand car. For $30k you can drive it home. Well, even though I might have the capability to buy now if i pay by installment (which will fully stretch my budget), I still want to wait till I graduate, have a stable job, before even thinking of getting my own car. Why?

1. I listen to my humble sister, who told me that work for a year and save up more first before even thinking of getting a car. Of course I listen to her!

2. I know the importance of keeping cash, especially given the current situation, where there are lots of opportunities around.

3. A car is a liability and not an asset! :) I need to find ways to generate passive cashflow before getting a car

So, 3 more years to my metal horse!

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