Friday, March 25, 2005

True Price of Cars, etc.

A few of us money bloggers have touched on the topic of "true costs of auto ownership" before. It's a money-trap to which, frankly, I think a WHOLE LOT of people are oblivious. (Thanks to my career, I get to see people's misguided beliefs and actions, with regard to their cars, every single day.) For my part, I toyed with Excel to come up with some figures in this IYM article from November of last year.

Anyhow, here's yet another nice piece on the real purchase and ownership costs of automobiles:

CS Monitor:   "...But Can You Afford It?"

And another (somewhat) related article, if you're really bored:

Reader's Digest: "How to Get Out of Debt and Get Rich"

— Posted by Michael @ 11:43 AM

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Thoughts on my personal finances, goals, experiences, motivations, and accomplishments (or lack thereof).

My financial life began turning around when I took responsibility for it.
— Dave Ramsey


Start (2005-12): ~$21,900
Currently: $0
[About Our Debt Paydown]


Savings Goal: $15,000
Currently: ~$15,115
[About Our Liquid Savings Goal]