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The mind is a powerful tool, especially when it comes to spending and saving. Whether it's by going over your finances in a different language or putting on a smile at work, tricking yourself into thinking differently about your finances can make a huge difference.

This is part of a special report on 101+ ways to build wealth. In this story, readers and experts weigh in with advice on how you can turn behavioral foibles into assets rather than liabilities.

Can You Afford a New Car?

Posted by RonJo84 on June 20th, 2012

There’s nothing like a brand new set of wheels with its polished paint, pristine engine and that new car smell. But can you afford it?
 
Beyond its sticker price, a new vehicle carries a number of peripheral costs that can really add up. So, if you’re in the market for a new ride, here are some facts and figures to consider before driving it off the lot. We spoke with John Giamalvo, Director of Dealer Strategy at Edmunds.com for his expert advice.
 
Down Payment

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