Driving to Financial Freedom | 9toFI 015 | 9 to FI Podcast
Description
How CARS helped me achieve FIRE (reducing the cost for one of the BIG 3)
In this episode of Nine to FI, Josh and Elliot explore the complex world of auto financing. They offer practical tips for car purchasing, share a mix of success and failure stories, and discuss their personal car ownership journeys. This episode kicks off a multi-part series focusing on cars and financial independence. Tune in for insights on making smarter car decisions and the financial benefits that come with it. Enjoy the casual conversation and learn how you can turn your car savings into investments for a secure and comfortable future.
00:00 Introduction to Smart Car Ownership
00:40 Meet the Hosts: Josh and Elliot
01:24 Halloween Fun and Family Talk
03:14 Shocking Car Payment Statistics
09:54 Call to Action: Support the Show
10:36 Personal Car Ownership Stories
26:30 Financial Strategies for Car Purchases
28:50 The Money Guy Show's Car Buying Rule
32:46 The Cost of Car Ownership
34:44 Interest Rates and Financing
37:28 Smart Spending Strategies
49:45 Leveraging Your Car for Income
54:39 Shifting Mindsets for Financial Freedom
57:09 Rapid Fire Questions
01:03:43 Closing Thoughts
United States
