A year later, I traded in one expensive Jeep, for an even more expensive used Porsche.
$800 a month in car payments.
The bank said I could afford this!
I don’t think the bank cared if I had enough money to eat cereal three times a day or steak every night (truth – I ate cereal 3 times a day).
That’s when I learned about buying a car the smart way. About engineering a car purchase instead of wasting a ton of money and feeling ripped off!
That’s when the lightbulb went off for me and I “got it.” I learned how to get a deal on the entire car buying process. What happened? I made a decision that changed my life...
I traded in the Porsche for a more affordable truck.
That led to hundreds of dollars extra in my pocket every month.
And no car payment. For the first time in years!
Now that may not sound like much, but when you’re living paycheck-to-paycheck and suddenly you have extra money…
It’s life changing.
That one decision changed my life more than anything else I’ve ever done...more than paying off my house six months after moving in...more than paying cash for my lake house...more than paying cash for a Ferrari. (Yes, a Ferrari. I don’t say that to brag, but to share how to afford your dreams.) Though I always did get a kick out of driving it to Walmart to buy ice-cream.
That stuff is cool, but not as cool as when I bought that truck because that was Day 1 on the road to Financial Freedom.