Starting frugality in need of some car advice

1 Reply

hellooooo BiggerPockets I hope everyone is have an amazzing day I just starting listening to the money podcast and have completely opened my eyes on frugality I’m kinda ticked off I didn’t think of or hear about this earlyer but I’m 23 so I’d figure I get everything straightened out while I’m younger..

So my  dilemma is about 3 years ago I bought a “brand new” car 2013 Chrysler 300s. Because I thought I frickend diserves this expensive equipment to drive around in becuse I “worked hard” now I realize that was a HUGE mistake and I’m paying as much as my house payment for this car... I owe about 15,000 left on the car and I’m just not sure if I should start making heavy payments to pay it of sooner or just sell the car and buy a cheap economy car with cash so I no longer have a payment also my insurance would go down... much love BiggerPockets community!

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