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Author Topic: Beginner's Guide to Buying a Lamborghini  (Read 106 times)
stingraydiver (OP)
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April 17, 2018, 05:20:02 PM
Last edit: April 17, 2018, 08:25:40 PM by stingraydiver
 #1

Let me start off by saying you must take care of your other financial priorities first!

These should be:
Paying off your debt
Fully funding your retirement
Funding your children’s educational costs
Paying off your mortgage

Once you’ve accomplished all of these, make investments that can earn a potential profit.  Look into real estate, rental property, peer-to-peer lending, a business, crypto, etc. You want to build a passive income stream.   Once you have your income built up to $500,000 to $750,000 per year, debt free.  Then you can consider purchasing a Lamborghini.  Nothing comes without hard work and determination!

PS, Remember that new car will depreciate as it drives down the highway.   Cry
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