Auto loans aren’t automatically bad. But they’re not automatically good either. In this episode, Jen and Jill talk through when taking on car loan debt makes sense and when it’s a financial trap in disguise. They share their own experiences with auto loans, why a long loan term could cost you big time, and the rising interest rates that might surprise you (even with good credit).

🎙️ Get full show notes here!
https://bit.ly/44TPcvg

📘 Order the book here
https://bit.ly/BWYL-podcast

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Auto loans aren&rsquo;t automatically bad. But they&rsquo;re not automatically good either. In this episode, Jen and Jill talk through when taking on car loan debt makes sense and when it&rsquo;s a financial trap in disguise. They share their own experiences with auto loans, why a long loan term could cost you big time, and the rising interest rates that might surprise you (even with good credit).
🎙️ Get full show notes here! <a href="https://bit.ly/44TPcvg">https://bit.ly/44TPcvg</a>
📘 Order the book here <a href="https://bit.ly/BWYL-podcast">https://bit.ly/BWYL-podcast</a>
💌 Want to save money and spend better in just 5 minutes? Get The Friendletter! Our FREE 3x weekly newsletter with freebies, deals, and savings hacks. <a href="https://www.frugalfriendspodcast.com/friendletter">https://www.frugalfriendspodcast.com/friendletter</a>
📣 Submit your bill of the week and get a shoutout from us <a href="https://www.frugalfriendspodcast.com/bill-of-the-week/">https://www.frugalfriendspodcast.com/bill-of-the-week/</a>
💸 Check out our monthly challenge community <a href="http://www.frugalfriendspodcast.com/club">http://www.frugalfriendspodcast.com/club</a>
👉🏼 Subscribe for more on YouTube <a href="https://www.youtube.com/frugalfriends">https://www.youtube.com/frugalfriends</a>
💃🏼 Hang out with us on Instagram! <a href="https://www.instagram.com/frugalfriendspodcast/">https://www.instagram.com/frugalfriendspodcast/</a>

Controlling your spending is hard to do. On every episode of Frugal Friends, we'll try to help you gain a little more control on one aspect of the countless directions your money is being pulled toward through frugality and a few laughs. If you're trying to save money, spend less, adopt minimalism, pay off debt or reach financial independence, we think you'll like the show.

Frugal Friends Podcast

Is it OK to Have a Car Payment? & How To Avoid an Auto Loan

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cc668fa1-630c-4bae-b08b-b2cf0053133b/transcript

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