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Dumb personal finance mistake #1: don't get a car loan

Posted 9:30AM 12/14/09 Credit, Video, Travel
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It always amazes me how many people think borrowing money to buy a car can be part of a responsible, intelligent, long-term financial plan.

News flash: It can't.

But don't take my word for it. Watch the Dave Ramsey video below for a powerful explanation of just how stupid buying a car with borrowed money is.

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