The Debt Free Dad Podcast

330. Breaking Free from the New Car Trap: How Your Vehicle Choice Impacts Financial Freedom


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In this episode of the Dad podcast, hosts Brad Nelson, Chris, Katie, and Ryan from Debt-Free Dad dive deep into the financial implications of buying a new car. They discuss the high payments, massive depreciation, and how these factors can hinder financial freedom. They share their personal debt payoff journeys and provide insights into why Americans love new cars, debunking the myths linked to new car safety, reliability, and warranties. The hosts stress the advantages of buying used cars and outline the broader financial and emotional costs associated with new car payments. Join them as they offer strategies to break free from the paycheck-to-paycheck cycle, reduce financial stress, and build savings. Tune in to explore if buying a new car is a smart financial move or just a costly disguise. 

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The Debt Free Dad PodcastBy Brad Nelson

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