Submitted by [deleted] t3_z8ebyg in personalfinance
WyoGuy2 t1_iyb8jva wrote
Reply to comment by ddmazza in Advice on finances for single mom by [deleted]
Even if she buys a car for cash, it’s not a good idea to only keep liability insurance on it. If she spends 25k, that’s a giant portion of her wealth that would be one unlucky moment away from being erased.
ddmazza t1_iybfnb1 wrote
Very true but I also wouldn't recommend a 25K car in this scenario.
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