330. Breaking Free from the New Car Trap: How Your Vehicle Choice Impacts Financial Freedom

Subscribe to Simplify My Money: https://www.debtfreedad.com/newsletters/simplify-my-money  In this episode of the Dad podcast, hosts Brad Nelson, Chris, Katie, and Ryan from Debt-Free Dad dive deep into the financial implications of buying a new car. They discuss the high payments, massive depreciation, and how these factors can hinder financial freedom. They share their personal debt payoff journeys and provide insights into why Americans love new cars, debunking the myths linked to new car safety, reliability, and warranties. The hosts stress the advantages of buying used cars and outline the broader financial and emotional costs associated with new car payments. Join them as they offer strategies to break free from the paycheck-to-paycheck cycle, reduce financial stress, and build savings. Tune in to explore if buying a new car is a smart financial move or just a costly disguise.  Support the show The Totally Awesome Debt Freedom Planner https://www.debtfreedad.com/planner Connect With Brad Website- https://www.debtfreedad.com Facebook - https://www.facebook.com/thedebtfreedad Private Facebook Group - https://www.facebook.com/groups/debtfreedad Instagram - https://www.instagram.com/debtfreedad/ TikTok - https://www.tiktok.com/@debt_free_dad YouTube - https://www.youtube.com/@bradnelson-debtfreedad2751/featured Thanks For Listening Like what you hear? Please, subscribe on the platform you listen to most: Apple Podcasts, iHeartRadio, Spotify, Tune-In, Stitcher, YouTube Music, YouTube We LOVE feedback, and also helps us grow our podcast! Please leave us an honest review in Apple Podcasts, we read every single one. Is there someone that you think would benefit from the Debt Free Dad podcast? Please, share this episode with them on your favorite social network!