Q&A
Kerry and Vicki can afford to pay off the loan but their …
‘Guilty pleasure’ over new car can be forgiven
Q We have nothing to complain about. Now in retirement, we are in our mid-50s, (mostly) debt free, own our home, have $48,000 in shares, another $23,000 in managed funds and $22,000 with a peer-to-peer lender across one-month and three-year and five-year terms. Our income is from a Commonwealth pension, which leaves a good positive balance in our budget fortnightly after expenses and bill-paying reserves.
We regularly buy additional shares in currently held companies whenever their price or performance becomes attractive. But we have recently purchased a new car (the worst car we can
