dieselenthusiast wrote:
beemerphile1 wrote:
I highly endorse being debt free.
I do too, and we now take it very serious. My wife and I are in our late 30's, so it's not easy, especially when building a home. By the time we are in our late 40's, we should be 100% debt free pending an economic collapse or some major crisis.
beemerphile1 wrote:
You are looking at a nice TT and I understand the desire. We are interested in the Arctic Fox 25R but the closest dealer is almost 300 miles. It will be a long drive to go look at one.
According to MapQuest, we drove 237.50 miles through the Gila Mountains to get to our nearest dealer. The estimated travel time was 4 hours and 23 minutes. It was worth the trip. We made a small vacation out of it and headed to the hot springs and soaked for a few days. :B
beemerphile1 wrote:
Keep in mind, you can get the same "therapy" with a $5,000 TT as you can with a $30,000 TT.
I thought the same thing, but trust me, the cheaper trailers don't holdup or have the ability to do what we need them to do. Economical trailers do not have the tire size, ride height, suspension, or chassis to go off-road. Even our rooftop A/C unit worked itself loose which required roadside repair. Due to cheap exterior seems and poor construction designs, the trailer also leaks water, especially when driving through heavy rains. Three season trailers lack insulation and design to keep the water system from freezing. The Yamaha EF3000iSEB generator can not run our rooftop A/C in higher temperatures or in higher altitude. Economical trailers lack the battery bank and propane supply to stay off grid for extended times. The lack of roof and floor insulation causes the heater and A/C to run constantly which further depletes fuel reserves. The smaller refrigerator and freezer make it hard to pack much food in an economical trailer. After owning a variety of economical campers, I can honestly say that they can't do what we need them to do. They are more of a headache, which is far from the therapy that I speak of.
beemerphile1 wrote:
Think of the future, how does the purchase of this TT with credit play into your long range financial plans? Now run the same line of reasoning with a $5,000 TT that is paid for.
We're in the very beginning stages of building a home. Buying the property, drilling the well, bringing in electricity, installing an underground well house, installing well pumps and components, installing a septic, putting in a portable 12 X 28 storage shed, and building a driveway has consumed all the cash that we had in the bank. We are debt free, so the only two payments will be the Arctic Fox and home mortgage once we begin construction. The goal would be to have the house paid off in 15 years and the Arctic Fox paid off in 5 years.
I was 30 bought a home, started a family, and after 12 years in the biopharma industry I lost my job.
Globalism started, and I went through 3 acquisitions before losing it all. Now its consulting for 3 years, zero benefits, no retirement fund, and tremendous debt building.
All that appears to be great now, might be up shyts creek without a paddle in less than a year. I would never spend anything more than 10k for any type of recreation item. My tow vehicle is 10 years old, my commuter car 10 years old, quad 10 years old, house 30 years old.
Pay for private family health insurance: 4 catastrophic high deductible plans, kids in daycare, and commuting costs through the roof!!!!!!
Building a home???? Brand new never lived foreclosures all over, 1 in 4 currently or will be going into foreclosure. You are warned!