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886: How to Buy a Car, Part 3: Decide How Much to Spend

Radical Personal Finance

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You Want Something Awesome, Set Your Goals

If you avoid car payments, virtually anything else that you want is within your reach. I'm not opposed to borrowing money for assets that are going up in value,. But cars are not a good use of borrowed money. Boats are not agood use of borrowedMoney because when you wind up out there in the thing, you're always thinking about how much it costsYou can't ever enjoy it. Tonex your income. You want something awesome, set yourself the rule of what you're going to do.

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