Got your attention now didn’t I?
Did you know that the average American family owes approximately $900 a month in car payments?
Kind of crazy isn’t it. And it’s not $900/month toward an “investment”. That money will never be recaptured. Rather we pay $900 a month for the privilege of driving a newer car every month.
We’ve been programmed to think that it’s expected. A car payment is a fact of life.
That’s what Mark and I thought for years while we traded up and traded in cars over the first six years of marriage.
Want to know a better way? How about free cars for life? Watch this video, but then finish reading for a few final thoughts.
So what’d ya think? Totally makes sense doesn’t it.
But here’s what we found. In the midst of redoing our budget, cutting unnecessary expenses and driving debt-free cars we realized we don’t need a $26k car. We don’t even need an $11k car.
You can find good, reliable, low-mileage (60-8ok) cars for anywhere from $3,500 – 7,500.
And the difference?
Save it, invest it, give it away.
It’s up to you!
If you’re really dedicated, maybe you can join the Junky Car Club 🙂