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- Jun 29, 2016
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I know the going rule of thumb is to live like a resident for a period of time after residency to build up savings/pay off loans, etc. Is it worth buying a nice car as the only reward for finally being done? Thinking about Tesla (only because $7500 tax refund will be running out by end of year), or atleast a good quality used car. I figured before having a family and then never enjoying life when all the money will go towards kids, it would be nice to have 1 vice, especially in a dual income household. Never know when the grim reaper will show up, it would be nice to enjoy life a little bit too instead of bracing for the sky to fall forever. We definitely will try to shore up all the retirement accounts and maximize loan repayments as feasible of course as well.