One of the negative results of borrowing money and being upside down in debt is that there might come a time when you need to come face to face with some very tough decisions: Can I afford to keep the house? Can I afford to keep the car payments? The Danger of a High House or Car Payments I live in a place that gets a lot of rain. With rain comes mud, and with mud comes slippery roads. I’ve … [Read more...]
Car Loan Payment or Pay Cash For A Car?
When shopping for a new car one of the first questions a dealer will ask you is – what kind of car loan payments are you looking for? If you answer that question, you just cost yourself thousands of dollars. Instead, when you buy a pay cash for a new car. In other words, you should look at total purchase price, not the monthly car loan payment amount. Save Money On Your Car Loan Payment: Buy a … [Read more...]