[Marie]

We're focusing on paying off debt and building savings at the moment. A large part of our problem can directly be attributed to *ONE* moment of weakness that I can fairly credit to both my husband myself. He bought a Harley. And I gave in. It's not unusual for one of us to get stupid, but it's a very rare thing for both of us to turn off the brain cells at the same time. The Harley company helpfully added to the loan all of our other vehicle payments at the time we bought the bike. Now we have a $30,000 loan and a bike that has depreciated down to a value of only $15,000.

Crap.

So we're getting a loan to pay off ALL our debts (except the house), paying our "stupid tax", then selling the bike and applying that toward the loan. Our total debt will drop considerably and we can actually pay it all off.

After everything is paid off we'll start saving to have a house built and put money aside for retirement.

We did get a 15 year loan that I'm stubbornly refusing to refinance no matter what. It would be nice to not have a mortgage payment when we're retired!

[linda_22003]

Wow, what a cautionary tale. To spend so much on a Harley and not even be able to keep it....

I did raise my eyebrows a little at "The Harley company helpfully added to the loan all of our other vehicle payments..." ALL of our others? Not sure how many vehicles, or how many payments, that is - but if it's more than one it's over my comfort level.

You're paying a high price for his little testosterone rush - good luck in the future! :)