Quote Originally Posted by amat View Post
I'm not sure how much money I'm going to save, my dad also blew a lot of money but he never invested in a house. IDK, it's only like 44K I have left after the house and the 15K cashier check I took. Any suggestions? lol. I am going to buy a boat, obviously, I think I'm close to buying one for 6,500 I've been negotiating a couple days with the dealer over email, seems like a nice boat. Of course some money will also go into the house, in addition to the floors I would like to have a nice yard and I want to remodel that back deck you see in the pictures and add a gate, IDK, I should make a checklist.
I understand that you want to do all of that but seriously Amat, do not buy everything you're talking at the moment eight away. You definitely not need all of these things right now, sure it is tempting but most of them are "luxury" so to speak. 44K, that's a lot but that's nothing at the same time. If I was you, I would finish to renovate the inside of the house first so this place would be exactly as you want it. The Boat can wait, tempting sure, but why would it have to be bought this year? If I was you, I would stack aside at least 30K to get some interests and to have something in case something deep shit happens. I say renovate the house first and buy a boat in, let's say, 1 year or two, using some of the fresh income you'll get in the meantime. The first lesson I got in life is: never blow down your main capital if it's not necessary and go for the most important first.