{"id":1339,"date":"2017-09-08T03:00:41","date_gmt":"2017-09-08T08:00:41","guid":{"rendered":"http:\/\/kerryaclark.com\/?p=1339"},"modified":"2017-09-06T19:39:34","modified_gmt":"2017-09-07T00:39:34","slug":"more-than-just-a-car-note","status":"publish","type":"post","link":"https:\/\/www.kerryaclark.com\/blog\/more-than-just-a-car-note\/","title":{"rendered":"Auto Expenses is More Than Just A Car Note"},"content":{"rendered":"

I’m going to go at today’s blog post a little different. \u00a0Today we’re going to talk about automobile expenses and why a plan is necessary when you have one. \u00a0My brother often says that a car payment is something you will always have. \u00a0In many ways this is true, once you pay off one, it’s time for another. \u00a0Automobile payments can be like revolving debt if you don’t have a plan.<\/p>\n

Planning is something that ordinary people do not do. \u00a0They need a new car so they just go out and get one even if the price is heavier than their budget can bear. \u00a0Planning simply means you take into consideration what’s best for you and your circumstances. \u00a0For example, you might have one auto loan, but you don’t have to have two.<\/p>\n

I understand you need your car, and have to have one, but how can we make the best of it, is why I’m writing this post today.<\/p>\n

How Much Is On You?<\/strong>
\nDo you really know how much you spend on that car? \u00a0I bet it’s much more expensive than you think. \u00a0For this reason, Pamela and I find ways to isolate these expenses in our budget. \u00a0When we have an auto payment, we use a separate account to make the monthly recurring payment. \u00a0We need to get this money out of our normal spending account because an auto payment is generally larger than most bills. \u00a0We’ve also concluded that we will never have two auto payments at any given time. \u00a0The rule is before we purchase one, the last one must be paid in full. \u00a0At first, this added detail to our plan seemed undoable, but in all actuality, it has been doable. \u00a0For this reason along, you need a plan.\"\"<\/p>\n

Auto Expenses is More Than Just A Car Note<\/strong>
\nHere’s something normal people don’t consider. \u00a0What are your annual auto expenses? \u00a0Normal folk will only think of their car payment when they discuss automobile expenses. \u00a0Your auto expenses are more than just the loan. Don\u2019t misunderstood, the loan is a big piece of it, but even if you didn\u2019t have an auto loan, you would still have auto expenses.<\/p>\n

For example, the insurance payment. \u00a0Every vehicle at least in my state must have some type of auto insurance which in most cases is a monthly payment. \u00a0Now add that to your auto loan payment and see how much the car takes out of your budget.
\nWhat about the cost to register an automobile (a.k.a. Tag). \u00a0Each year you have to renew your auto tag. \u00a0Have you considered these expenses? For us, it’s a few hundred dollars. \u00a0We save monthly so that we have what we need when the tags are due. \u00a0Now add this to your monthly payment.<\/p>\n

Oh we can\u2019t forget the auto servicing and repairs. \u00a0It would do you well to add this up every year and add it to your monthly auto expense total. \u00a0You’ll be amazed at how much that car eats into your budget. \u00a0Lastly, add in the fuel costs.<\/p>\n

These expenses will happen. The question is are you prepared for them?<\/p>\n

Today is Friday!
\nDo you have a plan for the various auto expenses you’ll incur? \u00a0They’re coming. \u00a0Everyone with a car deals with them, but will you deal with them smarter or will you continue to operate like “normal” people?<\/p>\n

Question:<\/strong> what can you do to improve the way you handle your auto expenses?
\nLeave a comment below or\u00a0click here<\/a>\u00a0to email me (or\u00a0tweet me<\/a>).\u00a0<\/strong>
\n<\/span><\/p>\n

The Family Plan Binder<\/a>\"\"<\/a> is available now!

<\/p>\nOur team has worked very hard putting it together. We designed it to help you and your family move the needle forward in making your life your business. \nFind out more about the Family plan here.<\/a><\/div><\/div><\/div><\/div><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

I’m going to go at today’s blog post a little different. \u00a0Today we’re going to talk about automobile expenses and why a plan is necessary when you have one. \u00a0My brother often says that a car payment is something you will always have. \u00a0In many ways this is true, once you pay off one, it’s […]<\/p>\n","protected":false},"author":2,"featured_media":1340,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-1339","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-accounting","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.kerryaclark.com\/blog\/wp-content\/uploads\/2017\/09\/20170908-TIF-Blog-Auto-Expenses-is-More-Than-Just-A-Car-Note.png?fit=760%2C360&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4jb7V-lB","_links":{"self":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/comments?post=1339"}],"version-history":[{"count":3,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1339\/revisions"}],"predecessor-version":[{"id":1344,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1339\/revisions\/1344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media\/1340"}],"wp:attachment":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media?parent=1339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/categories?post=1339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/tags?post=1339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}