The new year is here and I’m sure you’re ready to get started on your resolutions. Typically people are focusing on their weight, especially after two holidays of eating good food. I know I could lose a few pounds after this holiday break. More importantly, some are focusing their goals on their finances and I…
One of the longer running pieces of personal finance advice is to never buy a new car. Seriously, most experts use the word “NEVER!” I am cool with that, especially as someone who has purchased quite a few new cars, I have learned my lesson. The justification of this advice is you can save a lot of money by just buying a car one or two years old. The majority of depreciation happens within the first year. After that, most cars depreciate on a sliding scale. Some do it slower than others, but I am not getting into that. So, let’s talk about this “never buy a new car” advice.
Welcome to the first Debt Roundup DIY post! In my new house update, I told you I was going to be adding some new do it yourself content in order to help those looking to save some cash and learn a few things. Yes, that is me in the video above. I am a huge DIY advocate. I think you can learn so much while trying to accomplish tasks on your own. I fix my own cars, build fences, fix plumbing, run electrical, and have moderate carpentry skills. If something comes up in my house, I am going to try to build or repair it on my own. Why not? I have saved thousands by doing things on my own. Not only that, but I have learned valuable skills. Today, I am going to show you how to replace a lamp socket. Why is this one first? Well, here is the back story and how to do it.
