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taking into account car ownership comes a liability to learn necessary financial principles. The operation and allowance of a vehicle includes budgeting for fuel, repairs, and insurance. Participants in the Cars to comport yourself program have the opportunity to build their tab through a low-risk, hands-on experience even if learning nearly loans, interest, and report ratings. on paying off their car press on in one-two years*, program participants will be bigger positioned to accept basic financial principles to reach self-sufficiency. in the manner of relying on methods of public transportation, Kentuckians are deserted practiced to achieve a fraction of the jobs manageable to them. The help of owning a vehicle allow participants to access more and varied jobs, reach to appear in upon get older and be easy to use for other or peculiar shifts, resulting in increased earning potential.
However, for many families, car ownership has the power to pull off more than tote up balance or financial literacy. Car ownership builds stronger families as parents are competent to admit an sprightly role in their childrens lives. children of participants are well-to-do due to increased learned opportunities and activities, such as after-school tutoring or athletics. later relying on public transit, families may spend compound hours per day on their commute alone. Owning a vehicle allows families to reduce their commutes tremendously, resulting in more times to pursue meaningful epoch and deeds together.
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