Why do things break?

Avatar for poorboy2011
iVillage Member
Registered: 10-02-2011
Why do things break?
10
Tue, 04-03-2012 - 12:39am

I am going to complain about something stupid, but I think it's an experience we all share. Things break, and we have to replace them. It's an expense we all wish we could avoid, but we never could.

What got me thinking about this? I chipped a lens in my unnecessarily expensive sunglasses. This is vanity talking now. I look good with it. In fact, to find this pair, I dragged a girl all over town from shop to shop to give me a second opinion.

iVillage Member
Registered: 07-24-2001
Thu, 04-05-2012 - 3:32pm

It's true things breaking is really just a part of life.

iVillage Member
Registered: 04-05-2012
Thu, 04-05-2012 - 2:45pm

Maybe a better question would be whether you learned anything from any of these experiences.

iVillage Member
Registered: 12-31-2010
Thu, 04-05-2012 - 9:00am
We are still repairing DD's 1998 Taurus (those cars are cheap to repair as there were so many made.)
But I had a 2002 BMW that was too expensive to repair with foreign parts and more expensive technicians so I sold it in 2010 in favor of a new small SUV that gets 30 MPG. (Equinox) By that time I had paid off 4 credit cards, so I knew I had freed up more than the car payment would be and would get rid of the maintenance issue. I actually used the sale value of the BMW to pay off a 5th card at 8% and got a car loan for 1.9%, and DH had gotten 3 raises by then and a bonus, so our Baby Efund was fully funded.

So a few questions to ask before making a commitment to a car payment:
- have you paid off enough monthly expenses to free up 1.5 times the car payment per month (the other .5% is so you can keep paying down debt and don't stagnate while absorbing the new debt of the car)
- PLUS the higher cost of insurance (You did lower your insurance on the older car if worth less than $6k to PLPD only, right?)
- DO NOT include gas savings in your financial plan as gas is expected to keep rising in price so any per gallon saved on a new car will just go into the increase in price per gallon.
Do the repairs keep you from: being able to get to a job, cost more than a car payment would for a year or $4k a year maximum, or does the vehicle cause you physical or safety issues? If no to the above, keep it as long as you can and continue to free up more money in your budget for a potential car payment or larger Efund to be able to pay more in cash.
And that is how we made the decisions!
DD is getting a newer car this summer as hers is now at the $300-400 a month range, she has no bills yet, but will pay cash for something 6 years old with less than 100k miles on it, budget under $7k.
-Marie
#Marie
Avatar for poorboy2011
iVillage Member
Registered: 10-02-2011
Wed, 04-04-2012 - 10:37pm
MarketingVirgo wrote:
Just thought of another reason why things break - we have too many things!!
$700 is not that much, you have your $1000 baby Efund in place, right??? That is what it is there for.

My emergency fund is still growing. Right now it's around $550. It does feel good to know that I won't have to charge it to my credit card.

I'll have to talk to you guys about my car, though. At some point I will have to stop repairing it, and I don't think I'll be able to buy another car. So I have to draw this line wisely...

iVillage Member
Registered: 12-31-2010
Wed, 04-04-2012 - 5:50pm
Just thought of another reason why things break - we have too many things!!
$700 is not that much, you have your $1000 baby Efund in place, right??? That is what it is there for.
#Marie
iVillage Member
Registered: 10-01-2008
Wed, 04-04-2012 - 10:55am

If it weren't for bad luck....we'd have no luck at all.......

Norma


"Patience is the best remedy for every trouble"- Plautus


Avatar for poorboy2011
iVillage Member
Registered: 10-02-2011
Wed, 04-04-2012 - 2:13am

It looks like my car is going to cost me $700 in repairs. That's going to wipe out my still-growing emergency fund and more.

iVillage Member
Registered: 12-31-2010
Tue, 04-03-2012 - 1:47pm
Before *I read your post I was thinking of reasons things break: carelessness, lack of maintenance, age, etc.
I am really lucky as DH is really handy and when my dishwasher up north started flooding the kitchen, he went online, found the issue, ordered the part and replaced it. He fixes everything! It is like his mission to make things last as long as possible. Our washer and dryer are over 18 years old, so we are expecting one to go soon with as much wash as I do. We have gone through 3 televisions this year, all over 10 years old, but we keep finding cheap deals or freebies from friends or family getting rid of old televisions because they are moving up to HD or flat screens (we still do not have HD), so we are just glad to accept their donations.
I am not so tied to my housewares, sunglasses or such to worry about replacement - I get my sunglasses at a dollar store and consider them one year items. I broke a large glass platter this year, and I was glad to have more room in the already overcrowded china cabinet.
We have just so much stuff I want to get rid of that if something breaks at this point I am almost happy. My kitchen glasses are composed of 3 different kinds with half sets of each, I am hoping more get broken so I can justify a new complete set.
I can't wait until DD needs to set up her 1st apartment next fall at college as I hope to unload a lot of my excess her way, from kitchen items to housewares. It is just the summer in between of having her stuff back here that is going to feel stifling.
Now my iPod Nano did get washed this year, my fault for leaving it in my running shirt, $75 wasted on a replacement, so I am not at all infallible, just few prize possessions.
argghh!
-Marie
#Marie
iVillage Member
Registered: 10-01-2008
Tue, 04-03-2012 - 12:33pm

Oh dear!

Norma


"Patience is the best remedy for every trouble"- Plautus


iVillage Member
Registered: 11-14-2008
Tue, 04-03-2012 - 12:10pm

I feel you on this one PB!

I'm sorry to hear about the pot and sunglasses.

I was making a roast this past weekend and a friend's mom of mine gave me a very nice red ceramic pot. Awhile a go I went to one of those expensive parties(pampered chef) and the pot was