Case Study - Part 3: Couple Earning $45k Each a Year – Episode 169

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 hello@partners4prosperity.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 hello@partners4prosperity.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