4 Tips For Saving Enough For A New Family Car

Saving for a new car can be difficult, but it’s important to keep the benefits of saving in mind. According to Forbes, it’s easier to save if you keep the “future you” in mind while cutting corners now to save for the future. You’ll thank yourself after you’ve saved a chunk of money for the down payment for your new car because it will make your monthly payments much more affordable than if you had no down payment at all. Having a smaller monthly payment will ease your finances and help you save interest on the loan so it’s a win-win. The more you save the better off you’ll be. Even better is to drive a clunker until you can afford to pay for your entire car it avoids paying interest and actually has your bank paying you interest (as small as it may be) while you are saving.

Buying a New Car – Can You Afford it?

Buying a New Car- For many people buying a new car is their biggest financial investment after buying a house. So it’s important to get it right. Over the last few years the economic climate has been uncertain at best and this has left many people with less disposable income and a tighter monthly budget. Owning a […]