You’ve spotted the perfect car, maybe taken it for a spin around the block. The keys are almost in your hand – but how’s that loan looking?

When it comes to organising the finance for your new vehicle, the term you choose to repay your loan over can make a big difference.

                                           

Too short a term, and the payments can be a bit chunky. Too long and you can end up with a loan that hangs around when it really shouldn’t. Here are a few things to think about.

 

Most of us admit to arguing about it. Some of us apparentlysplit up over it. In some cases, we feel embarrassed talking about it. 

 

So if you can open up an open and honest conversation about money with your partner, it may make a big difference to your happiness, and the health of your relationship. 

 

Here are a few things to keep in mind. 

 

When you think about the most important aspects of your personality, you might jump to things like whether you’re an extrovert or an introvert, and what sparks your sense of humour.But what about your money personality? 

 

Everyone has one, and it might be driving more of the decisions you make in life than you realise. 

 

Have you ever thought about how much your financial outcomes are affected by your individual money mindset?