Comments on: How to Stay Out of Debt With a Low Income https://wealthbytes.co/stay-out-of-debt-with-low-income/ Mon, 30 Jul 2018 20:24:25 +0000 hourly 1 By: Josh https://wealthbytes.co/stay-out-of-debt-with-low-income/#comment-643154 https://wealthbytes.co/?p=18198#comment-643154 In reply to Kristopher lee.

We only pay cash for our vehicles too. After making interest payments and then selling them for a sharply lower price, we decided car loans were unnecessary and cash was the way to go.

That’s also impressive to keep your car for 13 years!

]]> By: Kristopher lee https://wealthbytes.co/stay-out-of-debt-with-low-income/#comment-643151 https://wealthbytes.co/?p=18198#comment-643151 Great article. I love the idea of saving just for a car over three years. I’m the type that thinks cars last forever with good maintenance. I bought my last car in 2004 and drove it until the power steering went out in 2017. The repair was more than what the car was worth, so I decided to just get another car.
Having dedicated money saved up just for a car would have help me avoid a huge car loan. I’ll be taking this advice from now on,

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