No Wonder Financial Prudence is So Hard

We are not recommending either as a purchase, but just for a moment, walk with us on this…

Another reason it is tough to get our financial ducks in a row

Someone recently mentioned to me that we live in a society where today it is easier to buy a $100k car than a $100k house……Let’s think about the implications.

• House = Generally Long lasting
• Car = Deprecates about 25% per year for the first several years
• House = Tax break
• Car = No Tax break (usually)
• House = Appraisal…title…Credit Check…first born child…blood type
• Car = High level credit check …Oh no problem just a higher rate if you have bad credit….here are the keys
• Time to buy a $100k Car about 2 hours
• Time to buy a house, about 30 days..if we are lucky!

Funny Society pressures we face today.

Just another reason temptations make it tough to get our financial ducks in a row sometimes! Don’t bite…hopefully you enjoyed our parity! (Hat tip Mike)

Have a great day!

John Kvale

214-706-4300

www.jkfinancialinc.com