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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

Hello and welcome to this week’s Carnival of Personal Finance. If any of you have seen me host carnivals before you know that I like to add in some funny clips about personal finance for your enjoyment. Editors Picks: Big Cajun Man from THE Canadian Personal Finance Site shares 10 Phrases I have Used to Save Money.

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Compare Best Auto Loans, Rates and Lenders

Savings Corner

7 types of auto loans New car purchase loans enable you to borrow money to buy a new car and pay it off over time. Lenders typically define a new car as one that has never been titled and is the current or previous model year. Used or pre-owned cars are older than the previous model year.

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How to Save Up for a Car Without Breaking the Bank

Penny Pinchin' Mom

Needless to say, a vast majority of Americans don’t own luxury vehicles, but that’s not to say that these people own broken-down used cars. What is your dream car? The simple truth is that not many people have enough money saved up to buy a car. That’s why a vast majority of us go the financing route.

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How Much Car Can I Afford?

Savings Corner

What is affordable comes down to how you plan to use your vehicle, so read up on the full benefits and drawbacks of each before you commit. 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.

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Benefit from My Financial Mistakes

Prairie Eco-Thrifter

It would have pleased my folks if I had accepted and it would have helped our finances out too! I bought new cars. Although we kept our automobiles for 8 – 10 years, I bought most of them new AND never dickered with the car salesman. I failed at negotiation. Negotiation was not a skill that I learned.