A car is an essential part of life. With one, you can get to places quicker and easier than ever. Plus, there’s no reason to rely on other people. Let’s face it – public transport can be a joke, and it’s as expensive at times.
So, ditching your vehicle won’t come easy. It’s a lot like trying to get a child to throw away their safety blanket; it makes them feel comfy and safe. However, removing this one asset from your life can save you a fortune in the long-term.
Take a look at the tips underneath to find out how and why.
Accidents And Collisions
As soon as one happens, it’s important to act fast to limit the damage. By looking for the best attorney nearby, it’s possible to be proactive rather than reactive. This is how claimants win cases and secure their well-deserved compensation. However, walking means there’s no need to be involved in a crash in the first place. So, things such as physical therapy and insurance claims go out of the window. If you’re unlucky enough to get hit as a pedestrian, it’s something you have to accept. But, the stats say pedestrians and cyclists only account for 17% of all road collisions.
Even if you don’t drive, you may hail a taxi cab. With apps such as Uber and Lyft, they have never been as accessible. And, that is saying something considering they are all over major cities and towns. But, they are still expensive and cost passengers a large sum of money each year. Yep, that includes taxi-calling apps as they have a constant “surge in pricing” due to high demand. Walking is free so that means there is no reason to set aside hundreds or thousands of dollars per year. All you need is a few bucks for new shoes every now and again.
Cars need gas to get the engine revving. Your body needs energy too, yet it gets it from a different source: food. On average, groceries shouldn’t cost you the same amount as gas. If it does, something is seriously wrong! On a serious note, eating well may be expensive in some respects but it isn’t extortionate. Gas prices are rising on a regular basis. Plus, there are the health and safety elements. Walking more increases fitness and helps the weight fall off and that normally results in eating less.
An entrepreneur or a business is only as strong as its brand. As a representative, you make or break it on a daily basis. Turning up late is a surefire way to do the latter. Clients hate lateness as it proves you’re lazy and unreliable, two things they will never invest in. Although walking may seem slow, it is as fast if you live in a big city with bad traffic. Or, cycling is a smart alternative as the paths are clear. So, you can breeze to meetings without worrying about the state of your client list.
Let say, you are in a situation that you cannot let go of your car, why not find a way to pay it faster. I did wrote no too long ago a article on how to pay your car faster… Here is a little text from it…
How to pay off your car loan earlier in the best way possible?
Interesting question and i think we don’t take the time to look at our contract when signing for a new car loan.
- To excited for our new purchase
- Don’t understand most of the contract
- I got my car what’s the point
- Someonelse will look at it
- and more…
You should always consider paying off your car loan faster, this will improve your financial situation. The general population will owe more money on the dollars compare to someone who purchase the car in cash. It is difficult in our modern days to purchase a car with cash only, we need to be aware of all the ins’s and out’s of the car loan industry.
How to pay off your car early?
Change your monthly payment to every two weeks
Why not change your monthly payment to every two weeks, it sound complicated but it is not. You will need to take a look at your contract to confirm that first, you are allowed to change the frequency of your payments. See if there is any extra fees related to any modification toward your contract.
Ask the lender, if there is any modification how this will affect your loan.
- Do you need a new loan?
- Pay direclty to the lender or third party the extra amount
- Interest rate will change or not
- and more…
Make sure you are ready to understand the language of the loan company .It is one thing to have a good deal but if the fine print are bad for you, not so good!
To read more click here ==> Pay your car faster
There is no good or bad answers regarding the question of letting go of your car. Just follow your intuition on knowing what you think is good for yourself and your family.
Have a great day ,
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