Here’s why you need to up your financial literacy: It’s costing you money

Here’s why you need to up your financial literacy: It’s costing you money

Carlina Teteris

Car talk 

Milan Markovic

People usually ask about the monthly cost of a new car. Wrong question. Don’t just think about the sticker price or the monthly payment when you scout how much you can afford each month.

Based on the financing, the dealer says it will be $300, and people can see that fitting into their budget, Edelman says. But they are not adding in how…

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