Losing the Car to Get Your Personal Finances in Order?

pent an average of $0.1 per mile on gas, other fuels, and new motor oil. This adds to an average of $1,500 for a 15,000 miles drive every year.

????Insurance: According to a “The true cost of auto insurance in 2022” report by Bankrate, American drivers spend an average of $1,771 annually on car insurance premiums.

????License Registration & Taxes: It costs $712 to register a license and pay taxes as a car owner.

Car maintenance, fuel, and insurance are the top three driving costs per year. Even without car loans, parking fees, depreciation, and other subscriptions you have within the car, believe it or not, you can save $5,333 every year just by ditching the car.

Do you think this is something you can consider to help get your personal finances in order?

????Share your thoughts in the comment section below ????

TOGETHER, BUILDING WEALTH.

Jessica Perrone AFC®

Founder, Her Financial IQ

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About Her Financial IQ

Jessica Perrone is a seasoned financial coach with over 16 years of industry experience. As the founder of HerFinIQ, a pioneering platform dedicated to empowering women through financial education, Jessica is committed to helping women and families achieve financial harmony. Through HerFinIQ's online courses, workshops, and resources, as well as personalized coaching, Jessica provides the tools and support needed to make informed financial decisions and reach long-term goals. With a deep passion for making finance accessible and enjoyable, she has guided hundreds of women on their journeys to financial independence and wealth building.

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