E6: Should I pay cash for my new car or finance it? Which is better for my long-term goals?

When it comes to buying a car, the “right” answer isn’t always found on a calculator. Mary from Huntley asks a classic question: should she use her hard-earned cash or take out a loan? Laura and Mark look at the factors that matter most, from interest rates and investment returns to the “sleep at night” factor.

We dive into the importance of liquidity, especially for retirees, and why letting the bank carry the risk can sometimes be the wiser move during uncertain times. Most importantly, we discuss how financial decisions should always prioritize your quality of life over pure mathematics.