Vital Tips for Car Buyers to Maximize Savings

Good afternoon, everyone! Welcome to this latest edition of Ask Terri!Here, we devote time to delve into your financial inquiries. If you have questions, reach out through email at askterry.tde@gmail.com or on our social media pages linked below at the Dallas Examiner. Submissions can be in video format—remember, growth comes from inquiry! If you seek clarity, ask Terry, and let's elevate our knowledge together.This month’s inquiry is particularly engaging.The question posed is: We've explored managing vehicle payments; are there additional strategies for saving?That's an insightful question. There are indeed methods to enhance savings. Here’s a “Terri Tip” I personally endorse. About six to twelve months before purchasing a car, I recommend establishing your desired monthly payment figure.For instance, if aiming for a $450 monthly payment, consider saving that amount monthly. This approach not only conditions you for the payment but also accumulates funds for your down payment, making it a beneficial strategy.Don’t forget to watch the video for more insights!