Grant and Theresa's Life Prep

Making Plans and Achieving Goals

Never Finance: Always Pay Cash For Cars

First Guest Post!

Very excited to be featured over at My Strategic Dollar, Lance’s personal finance blog.  I was asked if I would do a post about why I always pay cash for cars.  I happily accepted as I think car payments are a trap that people jump into along with their first job and usually never get out of.

In the post, I lay out why I disagree with financing a car, even if you have a low-interest rate.  I explain why leveraging debt earns you very little or nothing, I explain how the risk vs reward just isn’t logical, and I show you how to avoid ever having car payments.

Check It Out Here

I will be sure to check in regularly to respond to any comments and criticism as I know people love their car payments.

-Grant

10 Comments

  1. Thanks for taking the time to guest post! Excellent article!
    Lance @ My Strategic Dollar recently posted…Guest Post – Never Finance: Always Pay Cash For CarsMy Profile

  2. Great post Grant 🙂 I left you a comment over on Lance’s site.
    Erik @ The Mastermind Within recently posted…You’re Right Where You’re Supposed to BeMy Profile

  3. Heading over now!!!
    Mustard Seed Money recently posted…How Much Do You Spend On Furniture?My Profile

  4. Congrats! I’ll take a look right now!

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