If you own your car, you may have considered driving for a service like Uber or Lyft. But that takes a lot of time, and I don't know about you, but even with a map app running, I'm not always the best with directions and when I'm not sure of the neighborhood I'm in, I'm highly likely to make a wrong turn. Not the best way to get five stars. But what if rather than driving yourself, you could rent out your car and earn extra cash? There are a … [Read more...]
5 Red Flags To Watch Out For When Buying A Used Car
Used cars: there’s plenty to love about them, from their inexpensive price compared to brand-new models, to the fact that they don’t lose nearly as much value once driven off the lot. A used car can be an excellent way to upgrade your ride without breaking the bank. However, there are some important red flags that all used car buyers should look out for before heading down to the dealership. If you opt for a used or pre-owned vehicle the next … [Read more...]
Car Insurance Deductibles: How Much Can You Afford?
Do you know how much you can afford when it comes to setting car insurance deductibles? There are many things to consider when trying to sort out your car insurance options. It is best to go into that process knowing as many of your options as possible. The Variables Setting your car insurance deductibles means examining several areas of your personal finances. That includes your money needs, emergency fund, your current amount of disposable … [Read more...]
Auto Loans: Three Financial Mistakes To Avoid
Are you planning on buying a car and need an auto loan? There are three financial mistakes to avoid when you’re in the market for a new car, truck, pickup, or SUV that can make a big difference in your bottom line. Car Buying Mistake #1: Not Shopping Around For A Dealer Why is this a financial mistake? It’s not just that you want to compare prices. That truly is one of the most obvious financial benefits of shopping around for a car dealer. But … [Read more...]
Should You Get Rid of Your Car?
Lately on personal finance sites, I've seen a lot of advice recommending that people reduce their expenses by getting rid of their car. What should you consider before you get rid of your car? Where do you live? First and foremost, where do you live? I personally can't imagine giving up my car while living in my hometown. Rural midwestern community, zero public transportation, a single Uber driver (at last check), and very little in terms of … [Read more...]