How Much Car Can I Afford?
Don't Let the Cost of Owning One Drive You
Business & Finance, Personal Finance
| Author: | Gregory Karp | ISBN: | 9780131378193 |
| Publisher: | Pearson Education | Publication: | January 12, 2010 |
| Imprint: | FT Press | Language: | English |
| Author: | Gregory Karp |
| ISBN: | 9780131378193 |
| Publisher: | Pearson Education |
| Publication: | January 12, 2010 |
| Imprint: | FT Press |
| Language: | English |
This Element is an excerpt from Living Rich by Spending Smart: How to Get More of What You Really Want (ISBN: 9780132350099) by Gregory Karp. Available in print and digital formats.
Think smart, think “transportation”: escape the car payment debt trap!
Consumers figure, “I’ll always have a car payment. Everybody has one.” They don’t care what the car costs or how many years they’ll be paying it off. It’s the car payment debt trap: the never-ending cycle of financing automobiles. It robs many Americans of their wealth: They’re constantly funneling huge payments into assets that are plummeting in value.
This Element is an excerpt from Living Rich by Spending Smart: How to Get More of What You Really Want (ISBN: 9780132350099) by Gregory Karp. Available in print and digital formats.
Think smart, think “transportation”: escape the car payment debt trap!
Consumers figure, “I’ll always have a car payment. Everybody has one.” They don’t care what the car costs or how many years they’ll be paying it off. It’s the car payment debt trap: the never-ending cycle of financing automobiles. It robs many Americans of their wealth: They’re constantly funneling huge payments into assets that are plummeting in value.
