So im in a tight delema, What to do?
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Old May 17th, 2009, 06:22 PM   #1
Big timin' in a small town
 
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So im in a tight delema, What to do?


Ok so you all know I got my car tore apart and im in the middle of the stroker build when uncle sam hit me with an earlier leave date for the Navy and here I sit in Florida and the car torn apart back home with no parts for it yet.

Well my question is I now have the money to start buying parts for it. I could order a stroker kit and heads for it and send them back home and have them ready to put together when I go on leave this summer and probly have the car back on the road but with a stroker in it.

Well thats where im torn. Yes I could do that but once I got in and seen all the money that was going into my acount and I have no bills to pay, I hate spending it now I like to save it. During boot and im still telling myself that I want to have 20K saved up by the end of my 4 years in the Navy (if I decided to get out after 4 years I may stay in longer, ya never know) I was gonna use that 20K to put on a down payment to buy my grandmas 80 acre farm and house across the 2 track from my parents and live there. I cant see that land go to anyone else I grew up there and I love it.

But theres my delema. Build my car so its fucking bad ass or let it sit for a little while, while I save the money for my future house when im out of the service.

It kills me to have my car sit at home torn apart and not being able to drive it. But it also worrys me that if I throw 5 grand at it that I will kick myself when it comes time to do something real with that money instead of just building toys.
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Old May 17th, 2009, 06:25 PM   #2
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you need to enroll in the TSP.......
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Old May 17th, 2009, 06:25 PM   #3
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and also..you need the mustang on teh road...get it up and running...
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Old May 17th, 2009, 06:26 PM   #4
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House>car
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Old May 17th, 2009, 06:30 PM   #5
Big timin' in a small town
 
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White I gotta make an apointment to sign my papers for TSP on what % I want them to take out of my check. Im gonna go like 9%

I gotta talk to the MTI and have them make me an apointment next week
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Old May 17th, 2009, 06:32 PM   #6
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you do the mgi?

so you have no bills right?
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Old May 17th, 2009, 06:38 PM   #7
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I have a 145 dollar a month Jeep payment thats it.

And yea I got the MGIB. Im gonna back to school after I get out
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Old May 17th, 2009, 06:40 PM   #8
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if you are serious about saving money...i would go 20%....though with the tsp you will have a penlty if you take it out before 20 years.....its still better than a regular savings account....id ask doc he should know about this more than me
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Old May 17th, 2009, 07:02 PM   #9
Big timin' in a small town
 
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If you take it out before your 57 1/2 I think, there is a big penelty
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Old May 17th, 2009, 07:04 PM   #10
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pm doc....make sure you read up on it...i didnt do the tsp and i regret it...
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Old May 17th, 2009, 07:08 PM   #11
Big timin' in a small town
 
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Im gonna do it we had a whole class on the shit and what it was about. Ill talk to him about it too and see what he says
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Old May 17th, 2009, 07:12 PM   #12
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Do the thrift saving plan.. it's a good thing, esp at your rank and you having only 1 bill to pay.
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Old May 17th, 2009, 07:13 PM   #13
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Save for the house and land. There will be other cars, but to be able to afford an 80acre tract with a house isn't going to happen to many times. You can always fix the car later or get another one.
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