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