Having your own car could help you earn more, spend less, and get better value housing. But it can take a big effort to save for the down payment, monthly payments, and maintenance. Households spend, on average, more than $8,000 on their cars each year. Learn more about saving for a car.
If your savings goal is to buy a car, and you’re almost ready to make the purchase, make sure you watch these four short videos from the Federal Trade Commission first. You worked hard to save, so make sure to protect yourself and your money when shopping for a new car.
Spotting deceptive ads:
Buying a used car:
Financing a car:
Understanding car add-ons:
Need motivation to save for a car? Let America Saves help you reach your savings and debt reduction goals. It all starts when you make a commitment to yourself to save. Take the first step today and take the America Saves pledge to save money, reduce debt, and build wealth over time. And it doesn’t stop there. America Saves will keep you motivated with information, advice, tips, and reminders to help you reach your savings goal. Think of us as your own personal support system.
Is there a car in your future? Watch 1min video from @FTC on what you need to know #carbuying: http://bit.ly/2adb5cg h/t @AmericaSaves
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