Is Your Car Payment Keeping You Broke? How to Stop the $700-a-Month Money Drain | 74
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Is Your Car Payment Keeping You Broke? How to Stop the $700-a-Month Money Drain | 74
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The average car payment in America is over $700 — and that’s before you add insurance, gas, maintenance, and the emotional stress of keeping up appearances. In this episode, I’m breaking down the hidden costs of car ownership, sharing my family’s real-life story of car debt (including the embarrassing window incident), and showing you practical ways to lower your transportation costs so you can free up cash for your real financial goals.
We’ll cover:
How to spot if your car is sabotaging your budget
The true cost of that “affordable” monthly payment
Smart alternatives to expensive car ownership
How driving a paid-off car can change your life faster than you think
If you’ve ever wondered why your budget still feels tight — even when you’re “doing all the right things” — this episode might be your wake-up call. It’s time to put your paycheck to work for you instead of your car.
👉 Start my FREE 5-day challenge and create breathing room in your budget in just 15 minutes a day: www.jewlzthebudgetnerd.com/challenge📲 Connect with me on Instagram @jewlzthebudgetnerd💰Learn to be Debt-Free Here: https://www.jewlzthebudgetnerd.com/me...👉Work With Me: https://www.jewlzthebudgetnerd.com/wo...