When I got prego with ds, my first, I wanted to be a SAHM so we needed to downsize and get rid of one of our cars. So dh's regular cab truck had to go. I promised him as soon as he made E-5 (he was in the military) that I would get him his truck. But then stuff happened, he wasn't allowed to test for E-5 for several years through no fault of his own, then we had another baby and we just never seemed to have the extra money for another car payment. Then he was deployed all the time so there was no point and then he separated from the military and was unemployed for about 4 months.
Now he's in his new job, making pretty decent money but in a high COL area. He's been there since the end of August and I don't see him changing jobs any time soon, nor are we worried about his job security.
Here's the thing: his dream truck is a brand new 2009 Dodge Ram. He's been staring at them and drooling over one for almost a year now. He's worked hard even in a job he hated (military) and never asked me to go to work. Not only that, he comes home from working all day and cleans the house, does the dishes, the laundry, plays with the kids, changes diapers, does all the solid food feedings of the baby.
I think, if we put enough down, that we could afford the monthly payments and the insane amount of gas it will take. We've been putting close to $1000/mo into savings after putting money towards retirement. Our car will be paid off this time next year ($330/mo payment). However we would like to buy a house sometime in the next couple of years (homes here would be a bare minimum of $300K). And although I've been socking away money these past few months we don't have that much in savings since we had to use most of it while he was unemployed and to move across the country.
Dh doesn't know I'm even considering the truck. He says he's perfectly ok getting a used smaller car...something like a Toyota Corolla. We would pay for it with cash and of course the gas would be much more reasonable especially since he has a commute. Of course this makes the most financial sense. But I can't help but want to run out and buy one of those trucks for him and drive it home with a big bow on the front (I do all the money stuff, I could make a giant purchase like that without asking whereas he can't spend more than $20 without asking because he's terrible with money lol, he's cool with this arrangement).
Remind me again why I shouldn't do this?
Oh and we don't have much debt: just the car which will be paid off next year and a student loan which we still have 5 yrs on (at $70/mo).
ETA: this prob makes no difference but if they had any sort of 0% interest promo I'm sure we'd qualify, we have excellent credit.
Now he's in his new job, making pretty decent money but in a high COL area. He's been there since the end of August and I don't see him changing jobs any time soon, nor are we worried about his job security.
Here's the thing: his dream truck is a brand new 2009 Dodge Ram. He's been staring at them and drooling over one for almost a year now. He's worked hard even in a job he hated (military) and never asked me to go to work. Not only that, he comes home from working all day and cleans the house, does the dishes, the laundry, plays with the kids, changes diapers, does all the solid food feedings of the baby.
I think, if we put enough down, that we could afford the monthly payments and the insane amount of gas it will take. We've been putting close to $1000/mo into savings after putting money towards retirement. Our car will be paid off this time next year ($330/mo payment). However we would like to buy a house sometime in the next couple of years (homes here would be a bare minimum of $300K). And although I've been socking away money these past few months we don't have that much in savings since we had to use most of it while he was unemployed and to move across the country.
Dh doesn't know I'm even considering the truck. He says he's perfectly ok getting a used smaller car...something like a Toyota Corolla. We would pay for it with cash and of course the gas would be much more reasonable especially since he has a commute. Of course this makes the most financial sense. But I can't help but want to run out and buy one of those trucks for him and drive it home with a big bow on the front (I do all the money stuff, I could make a giant purchase like that without asking whereas he can't spend more than $20 without asking because he's terrible with money lol, he's cool with this arrangement).
Remind me again why I shouldn't do this?
Oh and we don't have much debt: just the car which will be paid off next year and a student loan which we still have 5 yrs on (at $70/mo).
ETA: this prob makes no difference but if they had any sort of 0% interest promo I'm sure we'd qualify, we have excellent credit.
(I assume you are b/c you talk about buying a house in the future)
: before then
