The thought of buying your first car can be exciting, but the process can be daunting for parents and the kids they’re helping to buy a car! Financial Literacy Advocate, Harsimran Chohan shares her first car buying experience, while “CentsAble” Bobbi delivers tips for getting prepared and creating your car-buying budget.

In This Episode

• Why kids should be part of the car-buying process
• Negotiating who pays for what
• Should you pay cash or finance?
• Deciding how much car you really need
• Preparing for a trip to the car lot
• How to create your car purchase budget
• How to create your monthly budget for owning a car

Links and Resources

• Harsimran Chohan’s TedEx Talk “An Epidemic: A lack of Financial Literacy”
• Episode “Buying a Car Without Getting Taken for a Ride”
• Car Budget Template
• Subscribe to the CentsAble Chat Rumble Channel
• Join the CentsAble Chat Budgeting Group on MeWe
• Connect with CentsAble Bobbi on LinkedIn
• Connect with CentsAble Bobbi on USA.Life
• Connect with CentsAble Bobbi on Gab