Pssst….Hey Kid….Wanna Buy A New Car?

I have written elsewhere on this site about the frugality of buying a good quality, 2-3 year old used car and that a new car typically loses up to 40% of its value in just a few short years. You are literally taking a butt-kicking when you buy a new car. Oh, I know, I...

Eleven Years Ago Today…

We mark anniversaries for different reasons: birthdays, holidays, weddings. Days when important and significant things happen. On this day eleven years ago, September 27, 2007, Christie and I attended a personal financial seminar given by Dave Ramsey in Houston, TX as...

Julius Theodore and Pet Insurance

Two days ago we had to say goodbye to a beloved pet. A 10-year old orange tabby named Julius Theodore, pictured here. Look at this nut! It is never easy to say goodbye to a beloved pet, but I’ve always believed they will tell us when it’s time. Maybe...

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...