Learning how to buy a car like a Financial Grownup with PT Money


Philip Taylor, aka PT Money was too cool to do any research, or any real negotiation when buying his first car. But the crushing payments, and having to call his dad for help, quickly brought him back to reality. 

In PT’s money story you will learn:

-Why PT felt guilty and went into a panic after buying his first car

-How he determined what car to buy and the budget

-The exact steps he used to buy his first car

-What his costs were relative to his financial resources

-His negotiation strategy

-What happened when he got home and made a huge decision

-How he tried to correct the mistake himself

-Why he reached out to his father for help, and how the situation was resolved

In PT’s money lesson you will learn:

-How to know what to pay for a car and how to negotiate it in advance

-The specific steps PT now uses to buy cars

-The best ways to finance a car purchase

-How you can avoid the pitfalls PT experienced

-The exact resources PT uses when buying a car

-Other skills PT now has to be a financial grownup

In PT’s everyday money tip you will learn:

-How PT and his wife have streamlined their grocery shopping

-How to balance saving money with saving time

-How to avoid buying things you don’t need when food shopping

-Strategies to get grocery shopping done with kids in tow

-When to pay fees for grocery related services

In My Take you will learn:

-Don’t let your pride get in the way of correcting a mistake

-When free is not the best value

-What to look for in a business where you are paying a fee for service to determine if it is worth paying the extra money

Episode Links:

PT’s website https://ptmoney.com/

Come to Fincon! Learn more here. 

Follow PT and Fincon!

Twitter: @PTMoney @Fincon

Instagram @PTMoney   @finconexpo  

Facebook PTMoneyblog   Finconexpo


Car resources PT mentioned





Grocery resources PT mentioned




This episode was taped at Podcast Movement