4 Car Buying Mistakes That Cost Thousands (Plus Ralph’s 20/4/10 Rule)

If you’ve ever walked onto a car lot without a number in mind, this episode shows you the four mistakes that cost people thousands and the 2410 rule that keeps you in control.

In This Episode

✓ A We Buy Ugly Houses franchise owner’s 15-year sentence for a $40 million fraud, and the one search that could have flagged it

✓ A Georgia tax preparer accused of keeping truck drivers’ IRS payments, and how to confirm yours arrived

✓ Why you pay the IRS directly and ask any preparer for proof of filing

✓ Planters hiring drivers for a 26-foot peanut

✓ An Accountant Reacts: Ralph’s best purchases, student loans, and buying a townhouse at 22

✓ Four car buying mistakes, from the payment question to negative equity

✓ The 2410 rule: 20% down, four years, 10% of gross income

✓ This week’s Money Move: list your fixed and variable expenses

Resources

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