One of the expenses common to many American households is the car. In fact, many households have more than one car. We have two cars, and we’d be hard-pressed to live without both of them, mainly because of the activities that we do, and where we live.
Getting rid of a car would save quite a bit, however. Think of the expenses that come with cars: Payments and interest (if you borrow in order to buy), insurance, maintenance, repairs, and fuel costs. All of these fuel costs add up. Chances are that you could save hundreds of dollars each month — particularly if you have borrowed to purchase your car — by getting rid of a car. But is it something your family can actually do?
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