Monday, May 25, 2009

Spending to Save Money...

Well we got a new car. (ducking and hiding behind a chair)

I know, I know, people are probably saying that we are crazy for doing this, but looking at the numbers it make sense. The sad part is that the lease cost and the cost of gas (as this car is far more fuel efficient then our current one) is cheaper then what we paid in gas alone last year.

Plus, the lease cost is tax deductible for us, so there will be even better money saving opportunities come tax time.

It is definitely hard to give up our family friendly SUV, but the kids are young and a few years of cutting back financially will really help us out.

I guess 100K in debt really forces you to make some hard decisions.

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