Oct 21 2024, 11:45 AM
QUOTE(KeyMochi @ Oct 21 2024, 08:34 AM)
They have various packages but one that stands out is to buy a Suzuki Swift complete equipped with all the necessities (bucket seat, coilovers and other mods) not to mention unlimited access to their theory classes and mentoring. Basically the car is track ready upon purchase and price quoted includes classes and mentoring. They have a roadmap on how they going to groom their students from absolute beginners to season debut at local circuit to compete in their own championship.
I see this as an opportunity of a lifetime and I thought finally I found what I always wanted since kid. Problem is, I need to pay at least 50% of the total cost to secure my place in the academy and tbh I don't have that kind of cash stash somewhere
I earn round 120k/year. Married with a kid who's still in kindergarten. Have no long term loan under my name except for my daily. Credit card paid in full every month without fail. Maxing out the card is out of option since I use it for household expenditures.
Really need some sound advice from the community as I can't stop taking my mind off this.
i would discourage against it.I see this as an opportunity of a lifetime and I thought finally I found what I always wanted since kid. Problem is, I need to pay at least 50% of the total cost to secure my place in the academy and tbh I don't have that kind of cash stash somewhere
I earn round 120k/year. Married with a kid who's still in kindergarten. Have no long term loan under my name except for my daily. Credit card paid in full every month without fail. Maxing out the card is out of option since I use it for household expenditures.
Really need some sound advice from the community as I can't stop taking my mind off this.
just earn more until you don't need a loan, or at least, can comfortably get a loan without the need to seek validation on a forum.
now, about bolded, no. there will be opportunity(ies) coming up all the time. don't be FOMO
your annual income is too low to burn on motorsports. i earning very slightly more than you, also just having a 2 soon to be 3 years old son. and i've been inactive from motorsports since 2019 just repairing/rebuilding my finances that was in ruin (and motorsports was a huge contributing factor)
back in 2018 2019 i only had debts, no savings. today i got some savings that can be resilient a comfortable duration in case i do lose my job
my point being, chances are motorsports is only going to be a casual stint or hobby, and if you're not going pro with it, you have no business taking huge financial risks with it.
just curious, who? Kenny/Kegani racing?
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