Driving an old beater car can make you a lot of money. As a car fanatic who has owned beater cars and luxury cars, let me explain. After writing, Never Buy A New Car In Its First Year Of Redesign, a reader commented that he netted about $17,500 in reimbursements from driving his 2002 economy car roughly 35,000 […]
Your Old Car Can Make You A Lot Of Money In Tax Savings Or Reimbursements! Read More »
A car is the ultimate status symbol for insecure people. Let me explain why not following my 1/10th rule for car buying is more due to the unhealthy desire for status rather than the inability to be frugal. As I was returning home in Rhino, my 2015 Honda Fit, a late model Porsche Cayenne SUV
A Car As The Ultimate Status Symbol For Insecure People Read More »
If you want to be rich, never buy a brand new car or a car in its first year of redesign. I’ve been a car fanatic forever, but I’ve also been a personal finance blogger since 2009. My goal for everyone is to reach financial independence sooner, rather than later. After owning Moose, my 2000
Never Buy A New Car Or A Car In Its First Year Of Redesign Read More »
Whenever you buy something, it’s good to ask yourself whether to pay by cash or credit card? There are pros and cons of each. This article will highlight which way is best to maximize your finances. Let me start with an example of whether to pay cash or credit card when doing some car maintenance.
Pay By Cash Or Credit Card? Deciding The Best Way To Save Money Read More »
If you were to guess what the average new car price is nowadays, what would you guess? I guessed $28,000, since my Honda Fit is sweet for an economy car and only costs $19,600 new. Given I’m frugal, leaving a 40% upside pricing buffer seemed logical. Too bad I was way off! According to Cars.com, the
The Average New Car Price Is Unbelievably High Read More »
The first thing I did when I got home after receiving a speeding ticket was call my car insurance company to find out how much my car insurance premiums would go up. Interestingly, they couldn’t give me a straight answer. If I get convicted and don’t go to traffic school, I will receive one point
How Much Does My Car Insurance Go Up If I Get A Traffic Ticket? Read More »
One of the most important things people overlook when they are about to buy a fancy European automobile is how much car insurance will cost. Auto insurance discounts can save you a lot of money over time. I should know. I’m a recovering car fanatic who has literally bought and sold 8 different cars in
Tips and Tricks to Getting Auto Insurance Discounts Read More »
Who doesn’t love driving a brand new car? The new car smell alone is enough for me to want to buy a new one! A car lease may be a good option if you want to preserve your cash. With interest rates so low, leasing has becoming a more economical thing to do than buy an
Six Things You Should Know About a Car Lease & Insurance Read More »
If you own a business, you should know the tax rules for buying a SUV or a truck. You can and should deduct the operating expense of your vehicle if you use it for your business. But you can also deduct the cost of your SUV or truck as well. As an SUV owner and
Tax Rules For Buying A SUV Or Truck To Deduct As A Business Expense Read More »
If you are going to get a car, understanding car insurance basics is vital. Once you know the car insurance basics, you can get the appropriate insurance that fits your needs and budget. One of the key decisions in deciding what car to buy is assessing how much all the other costs are that come
Car Insurance Basics For Dummies: Comprehensive To Collision Read More »
