We love that "New Car" smell just as much as the next guy. However, compared to having that car payment, what we love even more is the incredible wealth-building power of investing monthly.

We need a car (arguable depending on where you live), but we need wealth for our future as well.

Today, we teach you the tale of............

The $500,000 Used Car!

In This Episode We Will Look At:

• Smart ways to buy newer model cars
• The benefits to paying off your car loan sooner, and begin paying yourself instead
• The incredible wealth-building power of investing your car payment over the course of your working years.

Today's Resources and Links:

CarGurus.com

Edmunds.com

TrueCar.com

One Thing You can Do Today to Improve Your Financial Picture:

Begin investing the dollar amount of your car payment the very month after your loan is paid off and keep that car until just before it dies!

Bonus Round: Begin saving for the down payment of your future car (half-down would be great!)

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts in the Comments section below.

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