EP:06 Buying a new car vs investment property - How one decision almost cost me millions...

This episode was all too real to re-live.
I was literally hours away from making one of the worst financial decisions of my life and if it wasn't for a good friend and my old man, who knows what sort of life or position I'd be in.

Some of my favourite bits:
00:48 - Where it all started
03:38 - What I decided to spend my hard earnt savings on...
05:00 - Surely this is too good to be true?
06:36 - The plan of attack
07:34 - The big WOW moment.
11:17 - Two choices to spend your money on
13:45 - Upfront costs (Car vs investment)
15:20 - 1st year costs
18:33 - After 5 years
21:10 - 10 year mark hurts to think about
25:10 - The biggest cost that nobody talks about when buying a new car...

If you'd like to see the break down of each purchase, as well as a quick 1, 5 and 10 year analysis - head over to our socials to check it out.

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Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision.