Hello, whinebbers, my name is Jesse Meekham and this is

podcast number 67 for you need a budget where we teach you four rules to

help you stop within paycheck to paycheck, get out of debt, and save more money.

Speaking of getting out of debt, I got into debt when I bought a new car, and I told you guys about that, but I wanted to just talk about

one specific instance with the car purchase that has just had me genuinely freaked out.

And that is the fact that I put no money down on the car

and walked, not walked, drove out with this new vehicle, cost tens of thousands of dollars,

and all I had to do was sign something. So I'm sitting there in the office with the business manager.

He and I are talking Cross Fit because I noticed he was wearing a Cross Fit shirt and I said,

do you wear the shirt or do you actually do the workouts?

And he says, no, no, I do the workouts.

So we were talking about that after he pitched me on a very long warranty,

which I didn't take.

But I'm going through I'm signing the papers he's

showing me because the game plan was and still is and it's 95% already done

pay off the car in four months, the cash is sitting there in our checking

account, waiting. I already sent 95% of the loan and double checked and everything's good to go there. So send a check

to the credit union that financed the loan and all that. So that's Roland and we owe five grand on the van still which will pay off over the next three months.

As we were discussing these details, he's showing me there's no there's no pre-payment penalty which was important to the plan.

Here's the interest rate. I don't recall what it was. I didn't care.

There's no down payment.

I can't remember anything else specifically. In Utah, you don't have that law where you can change your mind after a few days. So you sign you sign. Well that's what he said.

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