Columbus Financial Coaching

Wealth comes down to the basics of investing more than you spend.

Since we rail against buying a new car (or even the more negative alternative of leasing) every few years, you'll need to maintain your existing car. We all know to change our oil every 3,000 to 4,000 miles. You may even be one of the smart ones who regularly rotate their tires at 6,000 miles and change their air filter as needed. Keep up the good work as your car will serve you well for it. Now let's take a look at things that many car owners overlook that need to be taken care of for your car to last:

Automatic Transmissions - Every 50,000 miles the filter and fluid need to be changed. The transmission is the second most expensive component of your car besides the engine. Many shops will want to only suck out the fluid and put new fluid in. Don't do this. Make sure you change the filter.

Serpentine Belt - Get ready for $150 tow if your belt breaks.

Transfer Case - For those with AWD or a 4x4, this is the set of gears that distributes power between the four wheels. Don't forget about servicing this unit.

Coolant - Make sure that you change your radiator coolant fully every 100,000 miles.

Exterior - Everyone runs through the automatic car wash after a January snow storm. Take time at least once a year to put some elbow grease into waxing your car. You'll ward off rust and deterioration of your paint.

Columbus Financial Coaching is based in Columbus, Ohio and works with individuals and families on their long-term financial goals. Message us here or send an email to find out more on how we can help: [email protected] www.columbusfinancialcoaching.com

AT&T is an excellent company but their prices are much higher for wireless service over companies like T Mobile. Many older people are very loyal and need to take time to shop around from time-to-time. For $50/month, T Mobile provides unlimited talk minutes day or night (weekdays and weekends) plus 500MB of data. The same type of service with AT&T is around $90/month. That $40/month could go to your Christmas shopping or your vacation next summer.

If you are worried about a family member and talking "in-network" maybe you should go to a family plan. For a family of 5 you can get unlimited calling and data for $42 per person per month.

Columbus Financial Coaching is based in Columbus, Ohio and works with individuals and families on their long-term financial goals. Message us here or send an email to find out more on how we can help: [email protected]