What Is Her Car Payment?
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- Опубликовано: 7 сен 2024
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Video: @lindsay_brighindi
Having no car payment can significantly impact your financial health and lifestyle in several positive ways:
1. Increased Savings: Without a car payment, you can allocate more money to savings or investments. This can help you build an emergency fund, save for retirement, or invest in opportunities that grow your wealth.
2. Debt Reduction: Avoiding a car loan helps you stay out of debt, reducing financial stress and freeing up your credit for other potential needs, such as buying a home.
3. Improved Budget: More disposable income allows for better budgeting and financial planning. You can spend money on experiences, hobbies, or other areas that enhance your quality of life.
By avoiding car payments, you gain financial freedom, reduce stress, and have more control over your finances. This allows you to prioritize your spending in ways that align with your goals and values.
-Steve
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#money #investing #finance #personalfinance #carpayments
Having a good reliable car that has little to no car payment can really help us to reach financial freedom faster. Adjusting our mindset now will help us with making purchasing decisions in the future.
My Dad gave me some great advice in his own simplistic way. He said Son "The purpose of a car is to carry me and bring me". Pretty much what the young lady is saying the car should get you from point A to point B. Great advice
Yes it is!
I always buy cars for $2k to $3k. Drive for 10 years. Do my own maintenance. Have saved hundreds of $k over the years.
Amazing 🙌
I always drove second hand cars til divorce all cars and trucks stolen had to get a car 10 year warranty 215 payments warranty canceled soon as I drove off lot insurance went from 369 to 900 had to refinance because throttled body quit1200 everything has been replaced 10 years of wages in a chrysler never again we dont have second hand cars everyone must be trading them in a car with275000 miles goes for 8000
Thank you for sharing!
Something my daughter is regretting now her car payment is crazy is hell …
😪 hopefully she catches up!
The funny thing about this is she work for finance advisors … I wish she knew you 🤦🏽♀️🤣
Buy second hand cars, laptops and phones.
Yes i used to be a die hard, anti new car until recently. There seems to be a lot of lemons bypassing basic safeguards. My 1 used acura stopped working unexpectedly, got a used honda after extensive research and clean carfax that was over-priced and ended up having engine damage so traded it in for a brand new toyota.
Sorry to hear 😪
Toyota 🥰
Yes 🙂
Thoughts on getting a new car that is expensive $40k if you can get 0% for 6 years
@@bobathedog I bought a new Toyota Tundra in 2015 for $35k at 0% (.09%) actual... to tow my travel trailer. Good luck today. Double Cab 4x4 Flex Fuel... I plan to keep it for a long time.
You can get a tesla for that