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People used to save up the money to buy a car. Then, they just paid for it in cash. You DO know, that the loan interest adds A LOT to the price of a car. A $25,000 car costs OVER $30,000 when you pay over time. Thousands of dollars in interest payments could be saved, if you saved up for the car, BEFORE you bought it!
Cartoonists Eric and Bill Teitelbaum skewer the world of business and finance in Bottom Liners, a nationally syndicated business comic panel appearing six times weekly. Bottom Liners tackles subjects such as foreign takeovers, office politics, getting a raise and the fast-paced world of Wall Street.
Comments (4) Jump to Comments Form
Kate777 said, 6 months ago
You mean,Like, we have to live within our means?!?! eeewww What a concept!
Richard said, 6 months ago
A wise decision my friend.
Tigger
said,
6 months ago
What a Concept!
Noreen Klose said, 6 months ago
People used to save up the money to buy a car. Then, they just paid for it in cash. You DO know, that the loan interest adds A LOT to the price of a car. A $25,000 car costs OVER $30,000 when you pay over time. Thousands of dollars in interest payments could be saved, if you saved up for the car, BEFORE you bought it!