I bought my first 97 Supra TT back in March 2005, needless to say, the 15 months prior to that (still in the Air Force, stationed in Portugal), I made about $1700 every two weeks after taxes) spending about $200 a month on food, just Ramen noodles, Wolf brand chili, wheat bread, water, misc items, and sending money to my family.

Anyways, in 15 months I was able to save about $30k in cash. I didnt have a phone bill, insurance, and walked everywhere. I had absolutely no life at all, but damn it was worth it. I did the same for my S2k.

Anyone else an extreme saver?

 

Nope, the biggest thing i've saved for is my PHX

 

you must really like cars. the car you purchased was about 75% of your annual take home pay.

 

It's nice not having to save ... I give credit though to you being able to save that amount of money on a limited income. Props

 

I'm a pretty extreme saver as well; which has been a benefit since the economy went to s*it and I lost my job, i'm able to wait until I come across a job I want. I live below my means, and although I live well, don't spend frivolously. Lately, saving hasn't been rewarded, because as you all know, we've lost our asses in the stock market. I've kissed away 6 figures in four months.

 

Interesting thread, I personally try to stay away from luxury items like Iphones, Xbox 360, Plasma TVs, designer clothes. So much distraction out there but its all worth it when you get that "perfect" car.

 

I haven't done extreme savings like that for a car. However, my wife and I did for our wedding. We got married just over a month ago. Starting about 8 months before that, we began saving anything that we could. Didn't go out to dinner, movies, etc. Saved up more than enough to pay for the entire wedding the honeymoon in cash. Now the only debt we have is my car...which is getting paid off this year (year 2 of a 5 year loan).

It's great starting a marriage with no debt.

 

wait, 1700 every two weeks is limited income now? I make about that when I'm not getting overtime, and life is pretty good around here

but it is impressive buying an expensive car with cash. That is something I cannot do, ATM

 

His S2000 is an '01, not brand new. His take-home is 3400/mo, which is about 5600 gross, which is way above the average income per capita in the U.S.

If he recently bought the S and paid, say about 14K for it, that would constitute about 20% of his yearly gross, which isn't overspending.

 

If you would have read his post, he paid $30,000 for a Supra.

High five for reading comprehension.