Are car payments considered a normal way of life?

Car payments are not considered a normal way of life according to Dave Ramsey's financial principles. The focus is on living within one's means and avoiding unnecessary debt. Ramsey advocates for purchasing vehicles outright with cash, which eliminates the burden of monthly payments and interest. The idea is to avoid financing options that can lead to ongoing expenses that can strain a budget and impede financial stability.

By suggesting that car payments are not a normal part of financial life, Ramsey encourages individuals to prioritize saving and making purchases that align with their financial goals rather than taking on debt. This approach fosters a sense of financial freedom and helps individuals build wealth over time. Living without car payments is aligned with Ramsey's overall philosophy of making sound financial decisions and maintaining control over one's finances.