[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Clint Fiore 🦬 DM for Biz Deals [@ClintFiore](/creator/twitter/ClintFiore) on x 60.9K followers Created: 2024-05-23 11:50:45 UTC How are y’all doing cars for your teenagers? My oldest is about to turn XX in a few months. I have always wanted them to buy their own cars as a way to learn to save money and take care of something expensive. I had planned on the Dave Ramsey method of matching what they saved and buying a car cash… but dang cars are so expensive nowadays for something safe and reliable I would be comfortable putting them in, this just seems infeasible. My 15yo only has about $XXX saved so far in her car fund from doing babysitting and pet sitting around our neighborhood. She’s awesome and works hard but is a long ways from 1/2 a decent car $ saved. I’m thinking new plan might be to just keep a 3rd car that’s mine but I let the kids all drive it from 16-18 and then do the matching funds car purchase thing with them when they’re XX so they have a couple years they can make and save better with decent part time jobs and car access. Would love to hear other ideas on how you’re approaching this with your kids. Are you just buying them a car at 16? Or some other strategy where they have some skin in the game on it? XXXXXXXXX engagements  **Related Topics** [money](/topic/money) [biz](/topic/biz) [$dave](/topic/$dave) [Post Link](https://x.com/ClintFiore/status/1793610517564497977)
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Clint Fiore 🦬 DM for Biz Deals @ClintFiore on x 60.9K followers
Created: 2024-05-23 11:50:45 UTC
How are y’all doing cars for your teenagers?
My oldest is about to turn XX in a few months.
I have always wanted them to buy their own cars as a way to learn to save money and take care of something expensive. I had planned on the Dave Ramsey method of matching what they saved and buying a car cash… but dang cars are so expensive nowadays for something safe and reliable I would be comfortable putting them in, this just seems infeasible. My 15yo only has about $XXX saved so far in her car fund from doing babysitting and pet sitting around our neighborhood. She’s awesome and works hard but is a long ways from 1/2 a decent car $ saved.
I’m thinking new plan might be to just keep a 3rd car that’s mine but I let the kids all drive it from 16-18 and then do the matching funds car purchase thing with them when they’re XX so they have a couple years they can make and save better with decent part time jobs and car access.
Would love to hear other ideas on how you’re approaching this with your kids.
Are you just buying them a car at 16?
Or some other strategy where they have some skin in the game on it?
XXXXXXXXX engagements
