Quote:
Originally Posted by crakjak
Maybe you should buy, Dave Ramsey's book "Total Money Makeover" he deals with how to pay cash for a cheap car and slowly over time buy newer and newer cars. Always paying cash. I highly recommend this book for those who would like to always be debt free. We followed his plan and it works, this is the plan for those that a budget never works. Please, if you struggle with finances, do yourself a favor and get the book. Better still sit down with your spouse and commit to being debtfree. Cash goes alot further than credit. Your really can be debt free, including your house.
|
Amen! There is nothing so nice as not having car payments. I think the big problem is that many
fail to PLAN, and therefore plan to FAIL.
Go find a car you really love, and find out the monthly payments on it. Then go buy a cheapo car, and pay those monthly payments into a savings account. You WILL build up enough to buy cash, and you WILL save money by NOT paying the interest on the loan, but also make money by having interest paid to you while you save.