The $6,884 Mistake Nearly 1 in 3 Car Buyers Make at Trade-In

Prescription just got 97% cheaper through a program most people don't know exists, gas is running 90 cents higher than last Labor Day, and nearly 3 in 10 car trade-ins are underwater by an average of $6,884. That's today's show.

This is Becoming Financially Confident, live weekdays at 11:30am Eastern.

I'm Ralph Estep Jr., a licensed public accountant with 30 years of experience, and I'm joined by my cohost Juliet Chuang.

Today we covered:

Prescription prices fell 3.1% this year, the biggest drop since 1963, but I'll tell you why that number didn't move my own pharmacy bill, and the manufacturer program that took my own medication from $770 a month down to $25What actually makes sense financially between driving and flying for Labor Day, and the rule I use now that I'm olderHow to spot a fake charity before you donate, including the sites I actually use to check where the money goesWhy 1 in 4 credit reports has an error on it, and how I use WalletHub to keep an eye on mineToday's Breakdown, what it means to be underwater on a car loan, how rolling negative equity into a new loan can quietly cost you thousands more in interest, and the order you should negotiate a car deal in so you don't get taken advantage ofThis week's money move, freezing your credit reports at all three bureaus

You can watch or listen live with us at https://www.becomingfinanciallyconfident.com/live.

Got a money question? Send it to me at becomingfinanciallyconfident.com.

Links referenced in this episode:

becomingfinanciallyconfident.combecomingfinanciallyconfident.com/communitybecomingfinanciallyconfident.com/walletbecomingfinanciallyconfident.com/lawdepot

Companies mentioned in this episode:

Happy Harry'sWalgreensGoodrxWalletHubCharity Watchgive.orgCharity NavigatorTunnels for Towers