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Buried In Nearly $100K Of Debt, A 23-Year-Old Train Driver Wonders If Cashing Out His 401(k) Is The Answer To His $66K Car Loan [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
He explained that he has about $8,000 saved in his retirement account, $2,000 in savings he never touches, and around $10,000 in a regular bank account. But that isn't even close to covering the nearly $97,000 in total debt he's racked up—the bulk of which stems from a $66,000 loan for a used 2019 Dodge Challenger. Don't Miss: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.26/share! Hasbro, MGM, and Skechers trust this AI marketing firm — invest pre-IPO from $0.55 per share now The post sparked many responses, most of which zeroed in on one major issue: the Challenger. "$66k for that junk," one user wrote. Another added, "You owe $66,000 on a six-year-old car?" The sentiment was consistent—the car needs to go. "Sell the Challenger and buy a beater car," one commenter advised. "Put [the money] you were paying for Challenger monthly toward c [Read more]
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Stockreport

Buried In Nearly $100K Of Debt, A 23-Year-Old Train Driver Wonders If Cashing Out His 401(k) Is The Answer To His $66K Car Loan [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
He explained that he has about $8,000 saved in his retirement account, $2,000 in savings he never touches, and around $10,000 in a regular bank account. But that isn't even close to covering the nearly $97,000 in total debt he's racked up—the bulk of which stems from a $66,000 loan for a used 2019 Dodge Challenger. Don't Miss: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.26/share! Hasbro, MGM, and Skechers trust this AI marketing firm — invest pre-IPO from $0.55 per share now The post sparked many responses, most of which zeroed in on one major issue: the Challenger. "$66k for that junk," one user wrote. Another added, "You owe $66,000 on a six-year-old car?" The sentiment was consistent—the car needs to go. "Sell the Challenger and buy a beater car," one commenter advised. "Put [the money] you were paying for Challenger monthly toward c [Read more]
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