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similar to car ownership comes a answerability to learn essential financial principles. The operation and allowance of a vehicle includes budgeting for fuel, repairs, and insurance. Participants in the Cars to bill program have the opportunity to build their version through a low-risk, hands-on experience even if learning roughly loans, interest, and credit ratings. upon paying off their car take forward in one-two years*, program participants will be better positioned to implement basic financial principles to reach self-sufficiency. once relying on methods of public transportation, Kentuckians are lonely able to achieve a fragment of the jobs comprehensible to them. The utility of owning a vehicle allow participants to permission more and varied jobs, arrive to produce a result upon epoch and be easy to get to for new or unusual shifts, resulting in increased earning potential.
However, for many families, car ownership has the aptitude to reach more than append report or financial literacy. Car ownership builds stronger families as parents are skillful to put up with an active role in their childrens lives. children of participants are well-off due to increased teacher opportunities and activities, such as after-school tutoring or athletics. similar to relying upon public transit, families may spend multiple hours per morning upon their commute alone. Owning a vehicle allows families to reduce their commutes tremendously, resulting in more times to pursue meaningful epoch and events together.
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