Americans have grown accustomed to car loans. It just seems normal to buy cars that are brand new and finance them for $300, $400, or even $500 a month. This is a culture with a mindset that $300 or $500 a month is affordable. However, I just want to say: “Paying a car payment every month is just insanity.” Just invest that car payment every month and you will completely your financial position. Instead of just using the money to pay for a car, you would be investing for your future.