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What Does “Afford” Mean, Anyway?

What Does “Afford” Mean, Anyway?

The word “afford” is one that gets tossed around a lot – especially among those considering a large purchase. I wonder, though: How many of us have stopped to think about what the word afford actually means? The dictionary defines it this way: af·ford əˈfôrd/...
Can You Afford to Drive a Used Car? (Part 4)

Can You Afford to Drive a Used Car? (Part 4)

In Part 1 of this series, we talked about new-car depreciation, in Part 2 we talked about the benefits of buying a used vehicle and in Part 3 we discussed some of the tradeoffs to consider when not buying a new car. In this last part, we will talk about things you can...
Can You Afford to Drive a Used Car? (Part 2)

Can You Afford to Drive a Used Car? (Part 2)

The question, as the title says, is: Can You Afford to Drive a Used Car? In Part 1, we learned how expensive it is to buy a new car. Depreciation Sucks!  You may or may not have ever thought about it in this way, so I’ll walk through the thought process slowly. Let me...