Author Archives for Rich

Financing Your Vehicle vs. Paying Cash – 4


Here are the details for your review: Vehicle Loan

Financing Your Vehicle vs. Paying Cash – 3


Continuing from my previous blog…. Both persons have made the very same monthly payment. However, the investor (the one who does not borrow) makes no more payments, but continues to let the accumulation of his or her six-year payments grow in the marketplace, gaining return upon compound return at the very same rate. In just […]

Financing Your Vehicle vs. Paying Cash – 2


Let’s take a look at the difference between the borrower and the lender in purchasing just one moderately priced vehicle. Given a very common loan repayment schedule of six years, a huge gap occurs between the two situations. Here are the two choices: Making vehicle loan payments Taking that very same payment and investing it […]

Financing Your Vehicle vs. Paying Cash – 1


Let’s contrast a real-life scenario of the borrower versus the lender that happens tens of thousands of times every day. A person walks into an auto show room and falls in love with that new car or truck that has everything he ever desired. The design is superb, the model fits his or her personality, […]

Needs vs. Wants


Do you know the difference between a need and a want? Knowledge is good, but your choices must reflect that knowledge. If the potential purchase is a want, then don’t buy it. Knowing the difference puts you in control. Look at the following list and see if you know the difference. NEEDS or WANTS? Winter […]