Buying a Car is More Dangerous Than You Think

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You will pay too much for your car and mess up your finances! Or you could use today's 3 rules of thumb to purchase the car that fits for your income, choose the right type of car loan, including loan term, interest rate and down payment. And look at your car usage cost, monthly payment and see it fit with your budget. And you will have enough money left to invest for your retirement. More importantly, you will not do what millions are doing: become car poor. Does it sound like a plan? Let's get started!
Here is the spreadsheet I used and that you can download or copy for your own calculations:

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DISCLAIMER: disclosure & attribution
I am just someone on YouTube so Do your own research before investing into, subscribing to or buying any financial product and/or credit card or entering into a contractual obligation of any kind. I am not a financial advisor and all the content in this video, and any other video on this channel, is not financial advice and is presented for information and entertainment purposes only.

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