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by WalterBright 3415 days ago
When I was young (1980s) it was normal for parents to provide the downpayment for the kids' first home.

BTW, cars are an enormous cash sink. I saved a ton by buying beaters and doing most repairs myself. I still drive a beater :-) and fix it myself and it's amazing how little it costs.

I've had my current beater for 25 years now, and it still starts as soon as I turn the key. It's a fairly simple car, and easy to fix.

Being a beater also means I don't carry comprehensive insurance. Adding up those premiums saved over the years would probably buy a purty nice new car.