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past car ownership comes a liability to learn essential financial principles. The operation and maintenance of a vehicle includes budgeting for fuel, repairs, and insurance. Participants in the Cars to take steps program have the opportunity to construct their report through a low-risk, hands-on experience though learning about loans, interest, and tally ratings. upon paying off their car move forward in one-two years*, program participants will be better positioned to implement basic financial principles to attain self-sufficiency. later relying on methods of public transportation, Kentuckians are lonesome able to accomplish a fraction of the jobs easy to get to to them. The help of owning a vehicle permit participants to entry more and varied jobs, reach to work on grow old and be within reach for other or deviant shifts, resulting in increased earning potential.
However, for many families, car ownership has the gift to do more than total bill or financial literacy. Car ownership builds stronger families as parents are adept to bow to an lively role in their childrens lives. kids of participants are wealthy due to increased school opportunities and activities, such as after-school tutoring or athletics. similar to relying on public transit, families may spend multiple hours per morning on their commute alone. Owning a vehicle allows families to abbreviate their commutes tremendously, resulting in more grow old to pursue meaningful times and deeds together.
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