Some of my most popular articles with the search engines are my articles about what to do when you’re upside down on a car loan. It’s one of the most searched phrases in the personal financial category. Being upside down on a car loan is extremely easy to acheive given the way cars [...]

2 Comments

Yahoo Finance brings you the Top 10 Least Expensive Cars of 2007

Chevrolet Aveo
Hyundai Accent
Suzuki Reno
Kia Rio
Chevrolet Cobalt
Toyota Yaris
Ford Focus
Suzuki Aerio
Mazda B-Series
Suzuki Forenza

Which Ones to Stay Away From
I’d stay away from the Kia Rio, Chevy Cobalt, Aveo, and possibly the Suzuki. Kia has not made the same strides in quality that Hyundai has [...]

Comments Off

Here is a question submitted to me from one of our readers. He is having trouble with being upside down on a car loan. He makes $42,000 a year household income. I will post the question answer it based on what I would do if I were in his shoes.
I [...]

3 Comments

My first experience with buying a car on a dealer’s lot came a couple of weeks ago. My 1995 Nissan Altima had come to its end. A big, huge, hairy truck plowed into the Altima in a parking lot and pretty much totaled the car. It was actually a blessing, because then [...]

4 Comments

Educating yourself is the key phrase in this installment of the “11 Principles of a Money Crasher” series. If you want to save money and ultimately be wealthy when you retire, then you need to be an educated consumer. Educated consumers get better deals on the large purchases made during the course of [...]

Comments Off

It’s no secret that our wallets are really taking a hit from the astronomical gas prices. My wife and I both own small cars, so we do not get hit as hard as people with trucks and SUVs. Did you recently lease a truck, SUV, or other gas guzzling car? Are you [...]

4 Comments

The old cliche, “you can’t teach an old dog new tricks”, really hits home when it comes to personal finance. The older we get, the more set we become in our habits whether its the ability to save money, biting our nails, or cursing like a sailor. One of my passions to help [...]

1 Comment

It may be obvious to most of you that leasing a car is a bad deal, but sometimes we need to be reminded why it’s a bad deal. Car leasing has become incredibly popular in the past 10 years. Car dealerships hook you onto a monthly payment, but they keep the car as [...]

1 Comment

Being upside down on a car loan is becoming more common every year as car dealerships will finance just about everyone that walks through their door. What does it mean to be upside down on your loan? It is when you buy a car for $20,000, you owe $18,500 on the car after [...]

2 Comments

I’m sure that most of you have seen the show on MTV, “Pimp My Ride”. It’s a great show. Some of the stuff they do to those cars is sick. Some of my personal favorites were the waterfall/river running through the middle of the interior of the car, and another car where [...]

1 Comment

« Previous Entries  Next Entries »