kaharris05
Dryer sheet aficionado
- Joined
- Mar 14, 2013
- Messages
- 34
I will try to make this quick.
About me: 24 years old, 3 year old daughter, 5 months pregnant, full-time senior in college, 1 full-time job, and 1 part-time job.
Current car: 2007 Kia Rio, 120k miles on it, worth about $3,000, still owe $8,800 (I had a really bad interest rate - 22%).
I want a new car, because I feel my current car is too small for my growing family. I am looking at a used Hyundai Santa Fe. I won't spend over $12,000.
Do you all think I should buy the new vehicle, or just stick with what I have?
I don't understand all the financial language used on this site, but I will try to explain my financial situation as best I can.
Rent: $674
Utilities: $90
Car payment: $360.55
Car Insurance (bundled with life insurance: $170
Cell phone: $100
3 year old's tuition: $1000 month
Gas in card: approx $160
Monthly income after taxes: $2,600
All help and criticism appreciated! I really need help!!!!
ETA: I am signing up for a secured credit card through my bank to fix my credit. Current score is 524. I want to get a new car soon though, and I know it'll take at least a year to see a significant different in my credit with the card.
About me: 24 years old, 3 year old daughter, 5 months pregnant, full-time senior in college, 1 full-time job, and 1 part-time job.
Current car: 2007 Kia Rio, 120k miles on it, worth about $3,000, still owe $8,800 (I had a really bad interest rate - 22%).
I want a new car, because I feel my current car is too small for my growing family. I am looking at a used Hyundai Santa Fe. I won't spend over $12,000.
Do you all think I should buy the new vehicle, or just stick with what I have?
I don't understand all the financial language used on this site, but I will try to explain my financial situation as best I can.
Rent: $674
Utilities: $90
Car payment: $360.55
Car Insurance (bundled with life insurance: $170
Cell phone: $100
3 year old's tuition: $1000 month
Gas in card: approx $160
Monthly income after taxes: $2,600
All help and criticism appreciated! I really need help!!!!
ETA: I am signing up for a secured credit card through my bank to fix my credit. Current score is 524. I want to get a new car soon though, and I know it'll take at least a year to see a significant different in my credit with the card.