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RE: Use Your Things Until They Break And Save Money

in LeoFinance2 years ago

I have had four cars in my life and paid cash for every one of them. The car I am driving now is 25 years old. It still runs just fine and when it doesn't run any more we will share one car between my husband and myself. He has a newer car and has a reasonable payment on it. Which means it will be paid for long before it wears out.
Because of some mistakes earlier in our lives we don't have any real savings but we don't have any debt either other than the car.
Even after some things break you can fix them and they last even longer. :-)
!CTP

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Whoa, 25 years is awesome. Have you owned it for 25 or is it 25 from the build year?

I'm still on my first car, which I've been driving for 13 years now. It still hasn't given me any real problems. Even though I don't always take care of it on time.

I like the idea of trying to fix something as well. Why go for the new option immediately if some glue and duct tape can give you another functional years. !LOL

Thanks, @rarej! It is a 1998 Nissan Sentra. We bought it when it was about 4 years old. So it's 25 from the model year and we have owned it for about 21 years. The longer you can keep a car and maintain it well the better off you'll be. One thing that really didn't exist as much when I was growing up was planned obsolescence. Making things that didn't last as long because they figured out they couldn't make as much money if stuff lasted forever.
I guess it depends on how badly something is broken though too.
Have a great day! 😀
!CTP

planned obsolescence

True. This is probably a major factor why that car lasted as long. My parents also have the same refrigerator since 1999 and it still does what it needs to do. Nowadays everything is built differently.

!BEER

Yeah, because they can't make money if people don't keep replacing things every few years. Have a great weekend, @rarej!! 😀
!CTP
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