I'm in Austin, TX. It BAFFLES me how many folks own these huge trucks and SUVs. My wife and I bought a used Ford Fiesta for $12k, payments are about $225. Even that's tough to swing sometimes. Still, it's been worth it for the gas mileage alone. Currently sitting at about 34mpg. I can't imagine what some of those huge trucks get. Not to mention that I don't understand how they're practical to drive much of anywhere in. Just so damn huge and unwieldy. I'm happy with my tiny car. Would be happier with a train.

My buddy was just bragging to me how he just bought a brand new Sequoia with all the bills and whistles and only had to do was take out the equity on his home and he paid cash for the whole thing… Somehow I couldn’t get him to understand how fucking stupid it was to take the equity out of his home to buy a fucking fancy car.

Reduce value in an asset that increases to buy an asset that decreases in value… brilliant!

You do understand that mortgage interest rates are often half that of a car loan, right?