• 38 Posts
  • 252 Comments
Joined 1 year ago
cake
Cake day: June 26th, 2023

help-circle

  • You know, I think it’s not as bad as this anymore. While one of the best convenient features of EVs is waking up to them charges every day, not having that and having to use public charging isn’t necessarily different than having to get gas.

    I do have EVs but I also have a motorcycle. I hate filling it up because where I live waiting in line for the pump is a 15 minute ordeal usually. The few times I’ve used public charging around here that’s about how long it took for me to get it done.

    My work does have chargers, but they are expensive so I don’t use them.

    Here’s my point:

    You have to charge roughly as often as you need to get gas. If you don’t have access to a charger where you live it’s still worth it because it’s so much cheaper, even if it’s slightly inconvenient. If you don’t have fast chargers near you though I doubt this works.

    I just went back and looked at my charging stats, and for two cars I’m averaging between $38-$42 / month since 2022.

    Road trip supercharger costs are higher, averaging $14 per stop.






  • Going to add to the climate argument, but thrown in a personal realization. I used to only buy rwd manual sporty cars but put snow tires on them in the winter. This was fine until I moved to a location that rains 9 months per year.

    It was then I realized heavy torque, rwd was miserable here regardless of the tire choice. I’ve been buying AWD since. But it took me basically a decade to figure that out.

    FWIW I still put snow tires on in the Winter, but I ski.



  • Start buying a few shares of VTI every pay period. Use any left over cash to buy SPYG. Ignore the gains or losses, the market has never not gone up (eventually). Thank yourself later.

    Max out your 401k when you get a decent paying job. But make sure you hit every pay period to maximize your employer contribution.

    Consider using mass transit where possible, bike if you can, more or less avoid a car/insurance. If that’s not possible get a cheap car like a used Nissan leaf ($7000 in my area, costs a few dollars a month to charge using a wall outlet and extension cord)

    Minimize unnecessary expenses like using food delivery services. Meal prep on the weekends and make enough food for a week.

    If you do all this for 10 years or so, you’ll be in a really good spot financially. Buying a house will be a decent prospect, your VTI and SPYG will be making money, your taxable income will be small and you will have built up the ability to splurge on things without it making much of an impact on your finances.

    I’ve been following the YouTube channel Chris invests and he gives lots of similar advice like this.