The Money Guy Show | We Broke the 20/3/8 Car Buying Rule! (What Should We Do?) @MoneyGuyShow | Uploaded September 2024 | Updated October 2024, 1 day ago.
My wife and I got a car loan outside of 20/3/8. We didn’t know the FOO yet! The interest rate is 8%. Do you recommend paying it off as Step 3 or should we adapt the payments to end at the 3-year mark and continue to FOO Step 4?
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Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
My wife and I got a car loan outside of 20/3/8. We didn’t know the FOO yet! The interest rate is 8%. Do you recommend paying it off as Step 3 or should we adapt the payments to end at the 3-year mark and continue to FOO Step 4?
Jump start your journey with our FREE financial resources: moneyguy.com/resources
Reach your goals faster with our products: learn.moneyguy.com
Subscribe on YouTube for early access and go beyond the podcast: youtube.com/c/MoneyGuyShow?sub_confirmation=1
Connect with us on social media for more content: moneyguy.com/link-in-bio
Take the relationship to the next level and become a client: moneyguy.com/work-with-us
Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
