Packard Forum Index » Post-War (1946-54)

cli55er, the best investment is paying off your debts. Don't go to the dark side.

To show how frugal I am, the only coins I carry are pennies. At the end of the day, the rest of the change in my pocket is deposited in a large piggy bank. About once a year I take it to the bank and exchange all the accumulated change for paper money that goes into my "Earthquake Fund". It amounts to about $300. Plus, since I always have pennies I can pay in odd amounts and get nichols nickels, dimes and quarters in change, that go into the bank. Its a viscous vicious cycle.

(o{I}o)

Edited to correct spelling errors. Thanks, clipper47.

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John, Good advice. Stay out of debt if at all possible but please explain the meaing of the term "viscous cycle". Does it have something to do with resistance to the the flow of money from your pocket(tax man etc.).

I had a friend who used to buy cars and hide them from his wife at friends houses/properties.

It ended up costing him in the long run though. His alimony is extremely high.

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Can't speak for JW but it has been my experience what when the tax man is concerned, resistance is futile. My downfall is usually some well designed web site featuring something in the tool dept I can't live without, a flashing beacon that says "buy me" and a severe case of "better buy it now because when I retire, can't afford it" -itis.

My wife wishes they had never invented ebay!

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The guy I bought my Packard from was like that. He had about 5 classic cars on the street. After we confirmed the sale, he offered to take us to his secret garage that has the cars his wife didn't know about! One was a beautiful 55-56 Packard.

Gerd, I am glad you "whispered " those words.

YAY!!!! its gone!!!! wooohooo!!!!!

i beat you satan, you jerk!

LOL!!

now, who here bought it. LOL!

Just because we were on the topic of cheap Packards for sale check out this craigslist ad:http://flint.craigslist.org/cto/1667379258.html

They need some work but they're worth what she's asking as scrap metal. "1,300.00 OBO for the pair of Packards." Talk about a good deal!

I looked. I waited. I read posts. I waited. Somebody must want this thing. I phoned. The deal was done. Its coming to Maryland. It may be a sedan. It may be a pickup. But you can hardly buy sawdust for that price per pound. Gosh, I guess I'm that far out on the edge of the bell curve--but no one else in the WHOLE COUNTRY (beside our cli55er)wanted a running Packard with new tires for that money???

But your point and decision are excellent. Debt poisons everything and takes away your freedom. I could have some fun and take a chance on this baby because I slew that dragon years ago. I heartily recommend to never take on debt to buy toys. OK, I'll stop preaching now. Can't wait to get the pan off the Ultramatic and see what's wrong....