Why auto debt is dumb.
I was going to post on something else this week, but I saw an article that just made me shake my head. The article is titled “Five Reasons to Buy a New Car” by Ravi Kumar on groundreport.com. I am concerned for the people who read this article and over 2,160 have. I am concerned because some will […]
As the title of my website indicates I advocate driving a car purchased with cash. I believe this gives individuals an opportunity to prioritize their spending. The focus can then be on their financial future rather than living for the car of the day. Having said that, I know I am in the minority. Most […]
Do you judge people by their cars? Look at the two cars above. Can you tell which car is driven by a millionaire and which is driven by someone in debt living paycheck to paycheck? No? Neither can I. I have heard it said never judge a book by its cover. I am going to […]
In my about me page, I provide some background on how I came to start this blog. I thought I should provide more detail and will use this post as the opportunity. I, like I suspect many of you, bought my first car using cash. I worked and saved until I had enough to make […]
You cannot enjoy life if you are addicted to consumption and the use of credit.
One of the major reasons I started this blog is a belief that the number one mistake most people make with their money is with their cars. This is a major problem, as behind the purchase of one’s home, the purchase of a car is the next biggest expense and most families have at least […]