Episode 4 - Vehicle Fund Explanation

22/11/2021 5 min
Episode 4 - Vehicle Fund Explanation

Listen "Episode 4 - Vehicle Fund Explanation"

Episode Synopsis

Buying and selling cars can be a real hassle, create stress, and be relatively unpredictable.  In this episode I'll talk about how I take unpredictable vehicle expenses and turn them into a predictable monthly payment (to yourself!) that I call my vehicle fund. This takes what you would have been making in car payments and turns it into a savings account you can turn to when you need to pay for unexpected repairs or when you need to replace a vehicle. We've been using this method for a little over 7 years and have bought 5 vehicles ranging in price from $3,500 to $20,599 - all in cash!  Learn how you can do the same in this podcast episode.