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Freedom from Debt

When you're tackling your debt, knowledge is one of your best allies. That's where the Tip Jar comes in - it's full of FreedomPointers®, great ideas that can help you make the little (and big) things add up and put you on the road to freedom from debt. So reach into the jar at random, or search for specific topics. Got a great idea? Add your own pointer!

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FreedomPointer of the Day

Keeping Your Car

Freedom to Hold On To You Car - Buying and trading in your car every few years is the fast track to financial disaster.  First, the cost of new cars rises constantly, so you're always paying more and more.  Plus, the value of automobiles depreciates quickly.  That means the more often you get a new (or used) car, the more often you're going to lose money because of low trade-in values. The point of this Pointer:  Hold off on your purchase until you can buy a good quality car that will last longer than it will take you to pay it off.