MyMoney Online, The Personal Finance series with Warren Ingram

Love cars? Here’s how to have fun, and keep your finances intact nonetheless

A regular listener of Bruce Whitfield’s The Money Show says she loves her cars.

How can she combine a fun lifestyle with proper financial planning?

Whitfield interviewed Galileo Capital Personal Financial Planner Warren Ingram.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

What I like, it’s not new cars…

Warren Ingram, Galileo Capital

If you have a car thing, at the very least buy a one-year-old one.

Warren Ingram, Galileo Capital

What he does well; he always pays off a car before he sells it.

Warren Ingram, Galileo Capital

You can’t live like a hermit in a cave…

Warren Ingram, Galileo Capital

Don’t do balloon payments!

Warren Ingram, Galileo Capital

I don’t like leasing… and I don’t like paying it off over six years…

Warren Ingram, Galileo Capital

‘Neutral debt’ is buying an affordable car… where you can put down, at least, a 30% deposit…

Warren Ingram, Galileo Capital

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This article first appeared on 702 : Love cars? Here’s how to have fun, and keep your finances intact nonetheless


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