Can I Sell My Financed Car And Keep The Money How To Save And Make Money In Today’s Economy

You are searching about Can I Sell My Financed Car And Keep The Money, today we will share with you article about Can I Sell My Financed Car And Keep The Money was compiled and edited by our team from many sources on the internet. Hope this article on the topic Can I Sell My Financed Car And Keep The Money is useful to you.

How To Save And Make Money In Today’s Economy

Two important questions often asked lately are: “How do I save money in today’s economy”, and “How do I make money in today’s economy?. History is our greatest teacher. During the “Great Depression some people lost everything they had, and others made their fortune. So obviously this time in our history is what we make of it.

Several years ago a dear friend shared with me how her deceased (middle income) husband had made his fortune during the “Great Depression. In this article, I am going to share with you the strategy he used to accomplish prosperity during a difficult time.

  • My friend said her husband was always very frugal… rich or poor. He was far more frugal than she (my friend) wished to be. Note: saving was a key element to his success because it gave him investment money.
  • During the time I knew her, she was quite wealthy, and could afford to do many things others could not. She advised me to only spend money on what was truly important to me, and not on things to impress others. For example she liked nice clothes and cruises, so she spent money on those things (he husband would not have though.) However, she drove a very modest car (Volkswagen), and lived in a modest (mortgage free) home.
  • He always made sure he had $1000.00 cash money on hand. He did not keep this money in the bank. So when the depression hit, he had cash when most did not.
  • Note: Because of the devaluation of the current U.S. dollar (“quantitative easing” by the Federal Reserve) top economists are suggesting this stash should be in gold or silver rather than in dollars. However prices are fluctuating dramatically in these two metals, so it is important to keep informed.
  • After the hard times hit, he purchased investments for pennies on the dollar. For example: my friend said he began buying up handfuls of worthless stock for a few pennies. When the market returned some of that stock was still worthless, and others made him rich.

Most people needed money for food more than they needed gas, and their cars set idle. So he bought their cars, and other items they wanted to sell for needed cash. When the market for these items returned, he sold them at a profit.

It was not a complicated thing he did, but it was a very effective strategy that most people overlook because of its simplicity.

Video about Can I Sell My Financed Car And Keep The Money

You can see more content about Can I Sell My Financed Car And Keep The Money on our youtube channel: Click Here

Question about Can I Sell My Financed Car And Keep The Money

If you have any questions about Can I Sell My Financed Car And Keep The Money, please let us know, all your questions or suggestions will help us improve in the following articles!

The article Can I Sell My Financed Car And Keep The Money was compiled by me and my team from many sources. If you find the article Can I Sell My Financed Car And Keep The Money helpful to you, please support the team Like or Share!

Rate Articles Can I Sell My Financed Car And Keep The Money

Rate: 4-5 stars
Ratings: 5810
Views: 61193086

Search keywords Can I Sell My Financed Car And Keep The Money

Can I Sell My Financed Car And Keep The Money
way Can I Sell My Financed Car And Keep The Money
tutorial Can I Sell My Financed Car And Keep The Money
Can I Sell My Financed Car And Keep The Money free
#Save #Money #Todays #Economy

Source: https://ezinearticles.com/?How-To-Save-And-Make-Money-In-Todays-Economy&id=5614675

Related Posts

default-image-feature

Can I Sell My Car When It Is On Finance 3 Advantages of Buying a Car From a Government Car Auction

You are searching about Can I Sell My Car When It Is On Finance, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car To Pay Off Delinquent Finance How Much Do I Have To Pay Back When I Resovle My IRS Tax Debt?

You are searching about Can I Sell My Car To Pay Off Delinquent Finance, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car If There Is Finance Owing What If You Can’t Make A Car Payment?

You are searching about Can I Sell My Car If There Is Finance Owing, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car If Its Still Under Finance Dealership Buy-Sells – Understanding the Words

You are searching about Can I Sell My Car If Its Still Under Finance, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car If Its On Finance Nz Wealth Creation – How to Create Wealth Using Financial Intelligence

You are searching about Can I Sell My Car If Its On Finance Nz, today we will share with you article about Can I Sell My Car…

default-image-feature

Can I Sell My Car If Its On Finance Malaysia 10 Step-by-Step Business Startup Guide – Step 6

You are searching about Can I Sell My Car If Its On Finance Malaysia, today we will share with you article about Can I Sell My Car…