Buy The Car!

David and his wife paid off their house. They've put 17.5% into retirement already. David wants to get a used sports car. Dave is pretty emphatic in his answer.

QUESTION: David and his wife paid off their house. They wait for their tax refund each year to max out their Roth IRAs, and they’ve put 17.5% into retirement already. David wants to get a used sports car. Dave is pretty emphatic in his answer.

ANSWER: Buy the stinking sports car. You’re living like no one else, and now it’s time to live like no one else. You’re in good shape to buy an $11,000 sports car. Write a check, pay for it, and enjoy the ride.