2013 CBR500R

[Carbonero]

I'm pretty much at a point in my life where $10k is a LOT of freaking money to spend on *ANYTHING*. When I was younger, tossing $15k at an FJR or $20k at a Harley was ok. Now...? Hell no. Just no. I can't and won't. So the idea of putting $10k out for a scooter - I don't care WHERE it's made - is a huge and resounding NFW. I truly don't get who would think that's ok.  

[gritsngravy]

I'm pretty much at a point in my life where $10k is a LOT of freaking money to spend on *ANYTHING*. When I was younger, tossing $15k at an FJR or $20k at a Harley was ok. Now...? Hell no. Just no. I can't and won't. So the idea of putting $10k out for a scooter - I don't care WHERE it's made - is a huge and resounding NFW. I truly don't get who would think that's ok.  

It's all relative to income or if you're an old man   it's about how much you saved for retirement.   Our nephew is young, works for Apple, started out with a 6 figure salary, owns a flat in the UK, rents a place with a room-mate in the Bay Area and has no issues spending $10K on anything.     For anyone in that fortunate circumstance I always advise saving up at least 100K in cash, in addition to retirement savings,  before going crazy buying stuff.   I like to call it a FU account......just in case it all falls apart you got some kinda nest egg.     Money is the honey, always has, always will be.  

[Rogue]

If you make a six figure salary, my rough guess is you will have (if you are smart and frugal) about $2k a month left over you can save.  That's AFTER your rent/mortage is paid, taxes, living expenses (utilities), 401k contributions, etc.  This is assuming you don't have a $500-$700/mo payment for that shiny new car (maybe only $300/mo or zero), you don't have alimony, not a one income family, several kids, etc.  Let's pretend just 2 kids and no car payment, happily married.

$2k a month left over @$100k/year salary.

So that's 24k/a year saved, in 4 years you will have your $100k.  Sounds easy.

 

Now all I need to do is find out where that extra $2k is going to.  

[bluepoof]

If you make a six figure salary, my rough guess is you will have (if you are smart and frugal) about $2k a month left over you can save.

Unless you live in the Bay Area.  

[Nodaclu]

Unless you live in the Bay Area.  

You always have the option of commuting from the wonderful cultural mecca that is Sacramento or even better....Stockton, which would save you at least 60% on your housing.

With that being said, I think the price premium to live in the Bay Area is actually worth it in comparison.  

[falconati]

If you make a six figure salary, my rough guess is you will have (if you are smart and frugal) about $2k a month left over you can save.  That's AFTER your rent/mortage is paid, taxes, living expenses (utilities), 401k contributions, etc.  This is assuming you don't have a $500-$700/mo payment for that shiny new car (maybe only $300/mo or zero), you don't have alimony, not a one income family, several kids, etc.  Let's pretend just 2 kids and no car payment, happily married.

$2k a month left over @$100k/year salary.

So that's 24k/a year saved, in 4 years you will have your $100k.  Sounds easy.

 

Now all I need to do is find out where that extra $2k is going to.  

Swiss watches, italian motorcycles...

[bluepoof]

You always have the option of commuting from the wonderful cultural mecca that is Sacramento or even better....Stockton, which would save you at least 60% on your housing.

Maybe, but I would just turn around and spend all of that money on therapy from sitting on I-580 for four+ hours every day.  

[Nodaclu]

Maybe, but I would just turn around and spend all of that money on therapy from sitting on I-580 for four+ hours living in the central valley every day.  

FTFY    

[Carbonero]

Unless you live in the Bay Area.  

Or are going through the worst divorce in history.

[Rogue]

Unless you live in the Bay Area.  

This is true in many places in Southern California as well.

I read this article in Money magazine about how most people adjust their lifestyle based on their income.  So as you keep growing your income, your spending habits adjust.  You buy a nice new car, upgrade to a bigger place, sign up for more stuff that cost higher monthly costs, etc.  Pretty soon your extra income is being consumed by expenses.  The ideal is to not pay more than 30% of your HOUSEHOLD income on mortgage/rent.  But many people exceed that by a wide margine.

[expatbrit]

Swiss watches, italian motorcycles...

Hookers and blow!

[coho]

Hookers and blow!

Two of each, please.

[Nodaclu]

The ideal is to not pay more than 30% of your HOUSEHOLD income on mortgage/rent.

Gross or net income? If gross, than we're in better shape than I thought, only spending about 16.5% on rent.

Even if it should be net, it's still only 21.3%.

I guess it just feels like we're spending a lot more than that. I've been stating my case for months that when my daughter finishes high school, we need to move to a smaller place that costs less.  

Need to be able to afford that CBR500R don'tcha know.  

[Cablebandit]

[Grainbelt]

I sat on all the Honda 500s at the IMS show in Minneapolis ten days ago.

The rider triangle on the F and R is perfect for my 5'10" frame. The X models, this and the 700, do nothing for me. I don't want to pay the beak surcharge and the high bars and rearset pegs feel strange ( I feel the same about the versys).

The fit and finish appears up to par. I wish they had the accessories there, I'd have loved to see what the bags are like.  My GF started riding and has her own bike. I've never been one to do a  lot of two-up riding. My touring kit lately has been sidecases and a huge drybag on the rear seat for camping gear. The thought of doing this on a $6k, EFI, ABS, luggage equipped, low-running-cost 500 with the related cheap insurance is very compelling.

A red CBR500R looks a bit like a 5th gen VFR if you squint at it.  

[2RR2NV]

I sat on all the Honda 500s at the IMS show in Minneapolis ten days ago.

The rider triangle on the F and R is perfect for my 5'10" frame. The X models, this and the 700, do nothing for me. I don't want to pay the beak surcharge and the high bars and rearset pegs feel strange ( I feel the same about the versys).

The fit and finish appears up to par. I wish they had the accessories there, I'd have loved to see what the bags are like.  My GF started riding and has her own bike. I've never been one to do a  lot of two-up riding. My touring kit lately has been sidecases and a huge drybag on the rear seat for camping gear. The thought of doing this on a $6k, EFI, ABS, luggage equipped, low-running-cost 500 with the related cheap insurance is very compelling.

A red CBR500R looks a bit like a 5th gen VFR if you squint at it.  

that's some major squinting. lol

[Grainbelt]

that's some major squinting. lol

Not as much as you might think. I mean, they're both red!