I got my 2009 impala 5 years ago

It was $2,700 and we put around $3,000 into it

I paid $5,700 for a car that lasted me 5 years & I never had to pay a car note

I took all that money & started 2 businesses, built my credit to a 700+ & invested heavily in the stock market
After finding out today that I need a new transmission that will cost $3,000+ I can now freely get another car without hesitation

The lesson in this is to show you guys that you have options outside of getting a car from the dealership or paying a note
If you have a car & it isn’t what you like but you own it then your are ahead of a lot of people

Drive it until the wheels fall off, stack your money, work on multiple streams & delay gratification
Let’s take a look at some numbers

$5,700 = cost of car

Over 5 years if I broke it down I would have paid $95/mo for my car

If I got a car note at a average price of $350 I would have paid $21,000

So total it was $15,300 in savings over the course of 5 years
$15,300 over 60 months is $255/mo in savings

Which is more than enough money in my pocket to fund my first business especially since I started with $30 & flipped it to create more money

I’m playing the longterm game
You can follow @DontezAkram.
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