Buy the car your ego can afford

Buying a car can be one of the biggest financial decisions people make, but too often it’s driven by emotion, pressure, and lifestyle creep rather than strategy.In this episode, Jessie Edge and Scott Parry unpack the real cost of car ownership, the financial traps people fall into, and why they believe you should “drive the cheapest car your ego can afford”. They break down practical rules around vehicle spending, the pros and cons of electric vehicles, and why buying brand new cars can seriously slow down your financial progress.They also explore smarter ways to fund a vehicle, the risks of novated leases, and how to think about major purchases without derailing your long-term goals.If you want to make better financial decisions, reduce unnecessary debt, and keep your money working toward financial freedom, this conversation is for you.