By Craig Erwin, Ph.D.
A friend said my 2017 Sonata looks like a Mercedes. I like the way it looks, but I’m happier that it runs great. I also have a 2008 Sonata; both are reliable. If I bought a new Mercedes, I would look rich, but I would be poorer. I’d rather be rich than look rich. Used cars help.
Are you willing to buy used cars instead of new ones? Are you concerned that you impress others with your car, house or apartment, clothes, and vacations? Are you willing to make sacrifices now so you can retire comfortably?
For more information on saving money, making sacrifices, accumulating wealth for retirement, and cutting expenses, click on the links below: