I'm looking to bounce ideas off people but not interested in much of the negative sentiment many on this forum have with spending and saving every penny.
I make 200k. Only debt is mortgage and my Tesla (36k). I'm putting roughly 10% into 401k, get another 5% match and I do an extra 6k/year into other investments. Kids colleges are getting funded every month and an extra $100/month emergency fund.
Every month, I just about wash on money to the penny. We are very interested in doing work on our house including a pool which would be about a new $500/month loan.
My only real personal costs is my $850/month Tesla. Don't do clothes or shoes or anything.
Logically, especially with Covid, I'm debating just selling the Tesla, recouping the monthly payment and having that go towards the pool. But man, I totally love that big giant toy.
I could lower my monthly investments as well a few hundred dollars until I get my next increase in income. Not ideal. But I'm just torn.
Any advice?
Submitted August 08, 2020 at 10:23PM by werwerwre44 https://ift.tt/3gN4czy
