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14 Ways to Make Your Money Last in Retirement

December 17, 2019 · Personal finance

7. Get Rid of One Car

Or get rid of several cars, if you have more than two. Car payments are nothing to scoff at and you’ll be saving your wallet monthly by just giving up one of your vehicles. It might seem inconvenient at first but we encourage you to look on the bright side of things.

For starters, you could become more active in your day to day life if you chose public transport or walking wherever possible. Secondly, you and your partner could organize your days and spend up more time with each other if you only have one car.

Just think about the $9,282 it costs to operate a new car in this day and age. Aren’t you better off putting that money towards your retirement fund?

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