The One Car Household

This week, we are experiencing what it is like to be a one car household. It actually isn’t as difficult as I thought it would be. While I’m not sure if we could keep it up long-term, there are some distinct financial benefits to being a one-car family. With a one car household, here is the obvious savings of the purchase or lease of a second car plus all of the maintenance that goes with it. The AAA estimates that it will cost the average family approximately $9,122 to maintain one car. Youch. (You can find out how to reduce your … Continue reading