Remember the good ‘ol days when you could fill up your gas tank for about $10? Well, since those prices don’t seem to be ever coming back again, we might as well figure out how to not use as much! To give you a little head start, I scoured the internet looking for the best […]
Cars
How Cars Affect your Financial Freedom
I had a revelation about cars that has caused me to not really care what mine looks like. It’s not that I don’t want a really fast car, it is just that there is something I want a bit more: financial freedom.
The 5 Best And Worst Car Insurance Companies As Rated By Consumers
Every year, J.D. Power and Associates ranks consumer satisfaction across a variety of industries and services using information gathered through surveys, and one of their most areas of expertise is the automotive world. Their list is acclaimed for its accuracy and respectability. In August 2009, they released their annual ratings of auto insurance providers determined by customer satisfaction…
My Interview with a millionaire
So, if you want to learn how to build a chair, you should go ask a chair-maker how he does it. If you want to learn how to become a millionaire, you should ask a millionaire how they did it.
How to Rent a Car Without a Credit Card
There is a common misconception that in order to get a rental car you must pay with a credit card. In reality, there are at least two ways to rent a car without a credit card. One is by using a debit card — and you probably already knew this — but the other may surprise you.
How I used a 3rd car to prevent financial catastrophe
As some of you all know my car had to be put to sleep a few months ago. I am not really sure why I am just writing about it now – maybe because the grieving period lasted this long? 😉 But anyway, it’s passing marked a significant point in my financial life: It was […]
Money Mistake #1 – Paying too much for a car
It is obvious that overpaying for something isn’t a good idea, but with cars it is especially a bad idea. The reason is that cars are depreciating assets, so if you take a loan out for your purchase, you immediately enter into a race to pay the car loan down faster than the value drops. In my case with the convertible, I did a lot of things that ensured I was going to lose this race…
Save money on car depreciation
You can minimize the amount of depreciation of your car with these tips… Everyone has heard that a brand new car goes down hundreds or even thousands of dollars the minute you drive it off the dealer’s lot. This is just the beginning. Over the first year some cars depreciate as much as 35%.