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October 09, 2017


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I agree with your assessments on the seven mistakes. I see journalists regularly lambast buying cars as a "Financial sin". The reality is people should have a healthy relesionship with money, save some and enjoy some. As long as someone is not buying more car than they can afford or trading in in every few years there is nothing wrong with purchasing a new vehicle.

Another "ok to have" never-ending payment would be your 401k deductions. I read that a quarter of participants don't contribute enough to get their full employer match.

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