I found this article today on 10 financial mistakes that are commonly made. It is amazing to think that people would even want to buy a new car if they are interested in achieving financial freedom. Recently my brother and sister in law purchased a used car. I was pleased to find that they were looking at a used car, although they are poor college students and couldn't likely qualify for a new car. I was more pleased to find that they were able to do so with a monthly payment around 100/month. Thats what I paid for my first 2 cars. I am now the proud owner of a '99 camry that has been incredible. I have over 210,000 miles on it and counting. They car has been amazing to me. I bought if off the auction when it had around 70,000 miles on it. Since purchasing it I have been pleased to sink less than $1000 of repairs into it. It has truly been a wonderful car to have!!
However, the article talks about 9 other mistakes common to most households such as running a credit card debt. Hope you enjoy it
No comments:
Post a Comment