@betterwallet: Want to know which investing apps I love, how to invest for your kids, how to budget correctly, how to invest for your damn self, etc? Visit my link in bio to get the link to my free investing class. I’ve invested +$25,000 since paying off my car in 2018 using the money that used to go to car payments (not including investment returns). Did you know that most Americans spend only 1 hour a day in their car? Your car spends most of the month (96%) in the garage. Given that, why pay for it to sit? Here’s the math: Take 24 hours in a day, and multiply that by 30 days in a month. That means that we have about 720 hours in a month. Still with me? Good! If you drive your car only 30 hours out of the month, and there are 720 hours in a month… that means that less than 4% of your month is spent using the car you’re paying for. The other 96%, the car is in your garage. Imagine having a $729 car payment (the average amount for new cars). Are you spending the money to actually use the car or to look at it? Make it make sense. Reason #452 why I’m part of #TeamNoCarNote
BetterWallet
Region: US
Monday 26 October 2026 13:05:16 GMT
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