02.25.2009
by Bob
SNL recently had this skit called “Don’t buy stuff you can’t afford” and while I didn’t really think it was very funny (but what is on SNL?) it appeared to me to be more of a public service announcement. Watching it, I got the feeling that Loren Michaels (or whatever his name is) was trying to offer a 2 minute section of his show to help those who need it, in a humorous sort of way.
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02.17.2009
by Bob
It is one of those things that I think most people realize buying a used car is a better idea for their finances, but don’t understand the scope of it. Dave Ramsey’s critics often belittle his math on his “drive for free” method, but even if the numbers are a little generous, the same principle still applies – owning a depreciating asset is a bad move, but paying interest on a depreciating asset is a really bad move! Since I started this site I have written a bit about how you can save money by buying used cars and how they affect your financial freedom .
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