[PeteFromMontana]

I must be out of it, I have never heard of this..anyone?

[Trajan88]

This is the reason bankruptcy laws must be strengthened.

Here in N. Texas the number of foreclosed homes has exploded - one can turn many folks upside down and not even a penny will fall out of their pockets, they're so over extended.

My rule = spend less than one makes.

I thought I'd never be unemployed - I worked in the high-flying telecom sector for nearly 10 years and was uninvited to the employment party in 08/02. Luckily I saved quite a bit over the years that helped me ride out the storm; I got back on my feet after 4 months - in the software security business.

Thank G for a good work ethic and a marketable degree/experience.

Trajan88

p.s. Texas aTm Aggies... beat the hell outta t.u.

[gieriscm]

My husband and I have a two-driver four-vehicle household. His daily driver is an M1009 CUCV, while mine's an M1008 CUCV. We also have an M35-A2 deuce and a half truck for hauling really big loads. Finally, he's got a 1972 Corvette in pieces all over the garage as it's being restored.

[jungleboy]

You can own three cars if they are Japanese...they last a looong time!

[knews_hound]

Well lets see, Wifey drives a Ford MiniVan, I have a full sized Chevy Van that the company gives me, a 75 Ford F250 Van in surgery in the garage and an 89 Mustang droptop that I am transplanting a 351 Windsor into.

I suppose I can be faulted for excess but they really do all have their place. I cannot drive the company car other than actual work, the Van is likely to be pieced out or converted to a Camper and the Mustang? Well I have to have one vice in life and I keep telling Mrs. knews hound that its cheaper than a blonde mistress.

Well, almost cheaper....


Cheers,

knews hound

[LurkerNoMore!]

I have two cars and a horse.

Does that count?

[Gone_Postal]

I don't know I have a Blazer I use for work while my wife drives a Chevy Lumina, then we have a Ford Van for trips, while I ride my motorcyle for nothing but the wind in my face

[texas booster]

Not mentioned in this article is that to be truly compliant with our tax laws, it makes sense to have a car that is only used for business purposes.

Now, that may mostly apply to the self-employed or to people who drive a lot for their job.

A friend who has a couple of offices that he owns got tired of the recordkeeping required to properly share a personal vehicle/work vehicle.

Traded his family car for a Mercedes that he only uses for personal driving, and has a Navigator for all business driving. Makes life much simpler for him, and he has a nice new toy to drive around.

[Lead Moderator]

Hi.

Articles which are from MSNBC/Newsweek are part of our settlement with the Washington Post and LA Times. These must be excerpted when you post them- at most a few lines.

Thanks, and Happy Thanksgiving.

[snowtigger]

Grandpa,(Me) has a 2003 Grand Am for work. Grandma has a 95 Suburban for whatever Grandma's are called on to do. 75 Chevy Pick-up for hauling whatever. 26 ft motorhone because we wanted it. 74 Suburban for hunting, fishing, pulling the boat, snowmobile, etc. Last and most fun; 1957 Chevy 1/2 ton with 454 Rat motor for hauling A$$.
Anyone who don't like it can stuff it.