Opportunity Cost and New Car Myths

We are casually shopping for new-to-us cars, about 2-3 years old. We are not at all in the market for new cars. Why, you might ask? Because on average a new car loses 42% of its value in the first three years.1 That’s literally turning $30,000 into $17,000 in three...

In Praise of the Emergency Fund

My wife and I are casually shopping for new-to-us cars. Both of our cars run fine right now, though with some ailments that we’ve learned to live with. Like, her car’s radio amp doesn’t work and to replace it would be a costly undertaking as it was a “premium” sound...