June's I can't afford it award

This will be quick. My time is short this month causing me to focus my attention elsewhere

I quickly found 2 contestants this month for the award. 1st the runner up

Can someone spell desperation? Seriously though. Another person seeing this car as eye candy that he just has to have. "Wow I would look awesome in that" or even "I deserve this" does not make it a free car. People Don't realize that the car payment is just the top of the Iceberg. You've got insurance gas registration oil changes tire changes engine repairs (if not under warranty) job stability life stability. If your not prepared you will lose your vehicle your status and even good credit rating.
one more note on this person, I did find out that he did go to some sort of Bahama or caribbean destination while he owned this car. I wonder how many payments he could of made with the price of that one vacation.

Our winner of our June 2015 CPA'S "I can't afford it award" goes to:
This person

He didn't have a good enough picture so I am sticking with the description .

This is seriously laughable. He hasn't even made his first payment because he lost his job?? Seriously people HAVE A BACK UP PLAN. When I bought my overpriced Hyundai where I was forced to go into debt we had a plan and a backup plan. Unfortunately an unplanned pregnancy had me land on another back up plan where I worked a 2nd part time job to get us through. 

Again if you haven't read my Car Payments Anonymous Rules here they are.

1. Do not finance a vehicle. Have your Vehicles paid for. 

You'll thank me when you lose income a job or have an unplanned medical bill. You car won't be repoed. You'll at least have that security. If you cannot afford a 1000 dollar car and need a loan to get you back on your feet I made Rule # 2 for you

2. Don't finance past 5000 dollars. That is a car that reasonably falls into your needs catigories and a little bit of your wants and should only be around 100 dollars a month with lower insurance and registration fees. 

Why? Well let me answer it by this scenario. Say you lose your job with a brand new car. Your first month you miss a payment it will cost you 400 dollars 2nd 800 plus fees 3rd 1200 plus fees After that they repo your car and charge you a whopping amount to get your lifeline, your freedom back to you. If you have a good decent 5000 dollar car your first month will be 100 2nd 200 Plus fees 3rd 300 plus. Do you see the picture? You're backing up your purchase with a plan. Keep the payment low so if something does goes wrong you can easily make up what you owe. It will be so much easier to come up with 100 dollars than 400. Heck you have 4 MONTHS before you even match what a brand new car payment will cost you.

Till next month.