This week’s Carnival of Personal Finance, hosted by Lazy Man and Money featured my recent post about 401(k) loans. In addition, here’s the number one article of the week, at least according to a statistically insignificant panel of one (That would be me.):
Take a look at Our Car Buying Experience – Part Three: 5 Lessons Learned to Reduce Stress and Cost by Chief Family Officer. It’s a great summary of key points to consider when buying a car. Now look, I know following her tips might take some time. Furthermore, you may find some of her suggestions annoying to actually do. Is it easier to just take it from the dealer, know that you’ve been had and then move on?
Yes.
Perhaps you negotiate a little and say to yourself, “Hey, I knocked off a grand, that isn’t so bad.”
It’s a start.
But if you want to be able to minor on the minor, you’ve got to major on the major. A car is a major expense for almost anyone, which means it’s worth your investment of time to get the best possible deal out there. That even includes financing. Once you sign your name, you’ll paying off that chunk of steel for quite a while. Make writing the amount of each check put a smile on your face, not a grimace.
“personal finance” 
“financial education”
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Thanks for the mention! I\’m really glad you liked my post. You\’re absolutely right that the tips I gave can be time consuming, but if you follow the first tip and negotiate online, you\’re savings hours right there not having to sit at the dealership to negotiate there (not to mention the extra stress from negotiating at the dealership without knowing if they will meet your price).