Two Lessons from my Dad
My last post was about my mom, so I think it's only fair that I also bring in my dad too. Thank you for reading.
1. Savings is a big deal
I was 23 when I got my first car. I had saved up maybe $3k by then. I was so excited to basically give the whole $3k for my down payment because I read that it's better to pay more toward that or as much as you can so you'll pay it off sooner. However, my dad said that I didn't need to and it didn't make much difference. If anything, it was a loss. My dad told me that it is so hard to save or to get the ball rolling and when you are on it, keep what you have.
1. Savings is a big deal
I was 23 when I got my first car. I had saved up maybe $3k by then. I was so excited to basically give the whole $3k for my down payment because I read that it's better to pay more toward that or as much as you can so you'll pay it off sooner. However, my dad said that I didn't need to and it didn't make much difference. If anything, it was a loss. My dad told me that it is so hard to save or to get the ball rolling and when you are on it, keep what you have.

