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97 Month Car Loan, Lending Money To Friends and Family, Sustainable Yard Sales and More!

Introducing the 97 month car loan @ Canadian Money Forum

What is your retirement sweet spot? @ Retire Happy Blog

Teaching Kids About Credit @ Balance Junkie

Invest in Yourself @ Young and Thrifty

Lending Money To Friends And Family @ Boomer and Echo

Ten Financial Lessons We Can Learn from Warren Buffett @ Blunt Bean Counter

Getting a Handle on the Cost of Cars @ Michael James on Money

Risk versus volatility, is there a difference? @ My Own Advisor

Why I’m Excited to See Gold Lose Its Lustre @ Canadian Finance Blog

Why Yard Sales are Sustainable @ Sustainable Personal Finance

Committing to a Credit Card? Don’t Underestimate Annual Fees @ Lazy Man and Money

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FT About the author: FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.

{ 4 comments… add one }
  • Avatar Michael James May 3, 2013, 11:52 am

    Can we be sure that 97 months is long enough for a car loan? Maybe some cars will actually last that long. To be sure that the loan will outlast the car, we need longer car loans. Thanks for the mention.

  • Avatar SST May 3, 2013, 9:18 pm

    What’s the big deal?

    If Fortune 500 companies can extend their payments to suppliers out by 50-60% utilizing low-interest loans thus freeing up loads of cash they can use to “stimulate” the economy (or massage “earnings”), why not give the average bloke almost a decade to pay for a new car in hopes they too will spend their new found “wealth” via lower monthly payments?

    Kinda weird that the economy is booming but no one has the money to pay for anything.

  • Avatar My Own Advisor May 3, 2013, 11:09 pm

    Thanks very much for the mention FT.

    Enjoy your weekend!

    Mark

  • Avatar canadianmutualfundinvestor May 6, 2013, 6:52 pm

    My local credit union can do 10Year car loans! At what point do people realize that if I have to take 10 years to pay it back then I probably can’t afford it….

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