My friend called last night with good news. They sold their camper for $6500. This was $3500 more than what she was hoping. I don't think she knew what it was worth. That money will pay for the bats, the recent car repair and various other debts.
Her husband also traded in his two year old truck (don't need it anymore without the camper). They are now leasing a Honda Civic. I'm not a fan of leases, but this lowers their monthly payment and reduces the amount that will be spent on fuel. They now have an extra $200 in their pocket each month.
Overall, good news. Not perfect news, but good news. She had told her husband to sell the camper or get a part time job. So, I said, I guess he didn't want to get another job. Yep, he didn't want to work any extra, so he sold the items off. I think it is a good decision.
I did mention she should keep $1000 of the camper proceeds for an emergency fund. She says: 'Nope, it will just get spent. It needs to pay off debt.' While I'm not against paying off debt, I do think there is value in knowing how to maintain an emergency fun. One doesn't know this is true until they try. I just want her to try!!
Good News on Friend
April 11th, 2010 at 03:54 pm
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