Thank you so much for checking in and reading this series!
In case you missed #1-4, here they are:
“Save the same amount as a car payment would be.”
The 5th thing that you MUST do before you die is to buy a car with CASH! I know that this is a hard one because everyone has a different financial situation, but this one is so rewarding! It doesn’t matter whether you save money to buy a car or buy it with taxes, or some other time that you get a lump sum of money…all that matters is that you do this. Heck, if you have a great job and save money for a few years, you could buy a $20,000 car (for the very diligent savers)! Think of it as just saving the save amount of money that a car payment would be and you will have enough in no time!
My husband and I just accomplished this actually! We definitely did not have enough to buy a ‘new’ car, but we got a good little used car for under $3,000! If we can do it, I know that you can do it too! It’s so refreshing to know that we don’t have payments on a car and that we aren’t tied down by that! I recommend to everyone to save your money so that you can have this same feeling!