Category Archives: Budget

White and black cars inside of a dealership

Is Financing with a Buy Here Pay Here Dealership a Good Idea?

Benefits of Buying a Car from a Buy Here Pay Here Dealer

Car shoppers hunting for a new or used vehicle may encounter some road bumps along the way (no pun intended). Buy Here Pay Here dealerships eliminate many of those obstacles, making vehicles easier for customers to purchase and drive away with. Overall, based on your situation, financing with a Buy Here Pay Here dealership is a good idea to consider. Let’s take a look at all of the benefits of buying a car from a Buy Here Pay Here dealer. Read the rest of this entry >>

Close up of a person signing a loan with a calculator

What are the Benefits of Cosigning a Car with Someone?

Cosigning Pros and Cons

If you have bad credit, getting accepted for a loan can prove to be difficult. One way to improve your chances is to get a cosigner. What are the benefits of cosigning a car with someone? Are there any drawbacks? Cosigning isn’t for everyone, so let’s explore the pros and cons of cosigning a vehicle. Read the rest of this entry >>

Close up of a woman holding cash and shaking hands with a salesman

How the Interest Rate and Length of a Car Loan Will Affect Payments

How to Pick the Right Auto Loan for Your Budget

Getting a car loan can be stressful, especially if you have bad credit. Not only that, but you are often given multiple payment plans with different interest rates and loan terms. How do you pick the right one? To better understand which loan you should accept, let’s see how the interest rate and length of a car loan will affect your monthly payments. Read the rest of this entry >>

Person sitting with their laptop while holding their credit card

How Can I Lower My Credit Card Payments?

3 Tips to Minimize Credit Card Debt

If your income is low or your spending is high, chances are you are having trouble paying off credit card bills. Unfortunately, not properly managing your credit card can lead to higher debts and a lower credit score. Here are 5 tips you can use to minimize your credit card debt so you can lower your monthly payments. Read the rest of this entry >>

Man Using Calculator and Writing in Notebook

What do I need to consider when budgeting for a new car?

Purchasing a new car is a big commitment. If you’ve landed on this blog page, you’re probably already aware of that fact. We know you’re likely looking for all the help you can get with how to formulate your budget and everything that you need to take into account, so we thought we’d try to help as much as we can by giving you the rundown on a few things you need to consider when budgeting for a new car purchase. There are plenty of specific budget plans out there as well, like the 20/4/10 rule that we recently shared, so don’t hesitate to check those out as well. Read the rest of this entry >>

Man in Suit at Desk with Calculator

What is the 20/4/10 rule for purchasing a car?

Are you in the market for a new vehicle? Whether you’re looking to purchase new or used, this video focusing on the 20/4/10 method is extremely helpful in regard to helping you properly budget for the purchase.  The gentleman in the video explains what the 20/4/10 rule is with an example of how it works, then gives you an alternative to consider by purchasing a used vehicle instead. Check out the video, and don’t hesitate to give us a call with any questions that you might have where budgeting is concerned! Read the rest of this entry >>

Shaking Hands and Exchanging 100 Dollar Bills

What kind of down payment do I need to finance a car?

If you’re looking to purchase a new car one of the most daunting ideas might be the down payment. You’ve calculated your monthly budget and figured out exactly how much you can pay per month, but what about that lump sum of cash you need to pay just to get the car off the lot? If you’re looking into financing a car and aren’t sure what kind of down payment you’re going to need, we thought we’d try to help by giving you some general information that should make things a little clearer for you. Read the rest of this entry >>

Handshake After Vehicle Trade In Between Couple and Salesman

Benefits of a trade-in over selling your used car privately

Unless you’re a first-time car buyer, one of the first and most important steps in the car-shopping process is actually car selling. You have to figure out what you’re going to do with your old car if you don’t plan on keeping it around as a backup. You have two options: trade it in to the dealership when you purchase your new vehicle or sell the used car privately on your own. We’re here to give you the rundown on just a few of the benefits of doing the former rather than the latter. But either way, it should positively affect your budget. Read the rest of this entry >>