Summary:
Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel talk about Part 3 of the case study featuring a couple earning $45,000 each a year. This episode specially talks about car buying and strategies to save money on the purchase and loan.
Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.
Links in this Episode:
Kim’s book Busting the Interest Rate Lies
Submit your questions welcome@ProsperityThinkers.com
Truth Concepts Calculators – http://truthconcepts.com
Show Notes:
00:00 Introduction
00:28 Today’s topic: Case Study – Part 3: Couple Earning $45k Each a Year
01:20 Making the decision to buy a $35,000 car with 0% financing
02:39 The price of a car has added costs that most consumers don’t realize
05:32 For the best rate and price get letter from a credit union or local bank
06:22 The golden question is: What is the price if I pay all cash?
08:56 How buying a 1-2 year old vehicle saves a lot on your costs
09:43 Car ownership will be completely changed by 2025 in urban areas
12:28 Listener question: Using a home equity line of credit to purchase a car
13:43 Kim’s book Busting the Interest Rate Lies
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.