Money is a Defense by Jim Krohn

Author:Jim Krohn [Krohn, Jim]
Language: eng
Format: epub
Publisher: Jim Krohn
Published: 2014-02-11T00:00:00+00:00

Here is what kills you - cycling new cars every 5-7 years, leasing, and buying luxury cars when you are not making six figures.

So, what should you do?

$ Pray and ask for God to give you a car or to lead you to the car He wants you to have.

$ Buy a cheaper car. Russell Anderson can drive a Jaguar. You can't. Unless you are rich, you would be far better off with an economy car.

$ If you are buying an older car, or one that you plan on holding onto until it is very old, then buy American. The replacement parts on American cars are usually much cheaper, which saves on repairs.

$ If you have a new car, drive it into the ground. Hold it forever and get as much value out of it as you can.

$ Find a good mechanic - one that you can trust - or take up auto-mechanics as a hobby. If I had more time I would do it. It will save you a lot of money and it is not that difficult.

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