Saving In Akron

MARCH 9, 2011

After being run ragged for 5 days running everyone around, I finally got my new car. So thank you all for being patient with me while I got this car fiasco taken care of. We are so happy to have a new car, but my husband still thinks he wants to try and fix his car. I did not go into debt for this vehicle.

Emergency Fund 100

Emergency Fund Daughter Cars Car 100

Saving Cents With Sense

FEBRUARY 28, 2014

With PNC reporting that the average 20-something faces $45,000 in debt, and Generation Opportunity finding a 15.9 As tempted as you are to jump into an expensive, new car to celebrate that high paying job you just got, consider going with a used or a certified pre-owned car. Tackle Student Loans. Tackle Student Loans.

Parenting 81

Parenting Economy Student Cars 81

Prairie Eco-Thrifter

MAY 26, 2016

That lovely new car goes down in value each year; today’s fashion wear can’t be worn next year (at least in some people’s minds); that new iPhone will be obsolete very soon. We could take on debt to grow using other people’s money.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

JANUARY 10, 2017

With interest rates so low, why not spend now, using debt, instead of waiting for inflation and higher interest rates to kick in and raise the price of goods and services. Why shouldn’t we take that overseas vacation, buy that luxury condo at the lake, get new clothes every change of season, have that spiffy new car?

Spendthrift 100

Spendthrift Economical Consumer Recession 100

Saving Cents With Sense

MARCH 25, 2013

Paying bills on time and managing debt are important steps to good credit. One important part of having good credit is knowing what my credit score is, and this was very real for me as I contemplated buying a new car recently.

Credit 75

Credit Finds Making Contest 75

Penny Pinchin' Mom

FEBRUARY 16, 2024

Should you just pretend that you don’t have savings and increase your debt ? It goes: 50% of your salary should go to your expenses and needs 30% should go towards what you want (a new car, a vacation, and all that) 20% should go towards your savings plan So, using this rule, 20% of everything you earn should go toward savings.

Saving Money 52

Saving Money Money Saving Bills 52

Savings Corner

DECEMBER 25, 2023

Edmunds recommends that a new car payment be no more than 15 percent of your monthly take-home pay. A used car payment should be no more than 10 percent, but that number varies by expert. Lenders will look at your debt-to-income ratio, or DTI. Your income also matters if you are trying to get approved for a loan.

Cars 52

Cars Car Insurance Calculators 52

Finally Frugal

JANUARY 17, 2011

I'm pretty sure I've mentioned my 15 (almost 16) year old 'beater' car, which I'm trying to keep running until I'm debt-free. I was a few blocks from a dealership, and in my panic I drove in there and just left it in the service bay (but not before the salesmen tried to sell me a new car). Bad, bad, bad.

Emergency Fund 45

Emergency Fund Debt Cars Car 45

Penny Pinchin' Mom

FEBRUARY 16, 2024

Pay Down Debt Yes, this is a good way to set yourself up financially. Getting out of debt should make the top three of your financial priorities. Besides, paying off your debt and keeping it at a healthy minimum will help your credit score rating. This is particularly true if you are a results-oriented mom. They can be anything.

Money 52

Money Insurance Debt Bulk 52

Family Balance Sheet

MAY 27, 2015

Today’s Debt Free Story is from Olivia. We are both planners and despise wasting money on debt/interest, which is what led us to pay off our mortgage as soon as we could! How much debt did you pay off? What kind of debt was it? We paid off a total of $118,000 debt. He does not do car payments.

Debt 100

Debt Debt Free Pay Off Debt Finds 100

Prairie Eco-Thrifter

JUNE 24, 2012

We need to learn that some things are worth waiting for, especially if it means we can avoid going into debt. There are always going to things you want – a new car, a new kitchen, an overseas trip etc. Make better buying decisions – do you really need a new car or would a second-hand one do?

Money 213

Money Activism Credit Debt 213

Prairie Eco-Thrifter

JUNE 14, 2012

Your budget helps you manage your debts, get them paid off and stops you getting in any deeper. They have single handedly created the huge amount of personal debt in this country. Use this same idea to save for big things like an overseas holiday or a new car, opening a special savings account for this purpose.

Simple 221

Simple Finance Budgeting Budget 221

Savings Corner

DECEMBER 24, 2023

Primarily, you’ll need to unfreeze your credit if you’re applying for a new line of credit. Whether you’re in the market for a new car, mortgage, rental apartment or cell phone, your credit will be pulled by the lender to assess your ability to pay. Who can access frozen credit reports?

Credit 52

Credit Monitors Insurance Taxes 52