Downsizing is a great way to declutter and simplify your life, which is why many retirees do just that. But if you're downsizing because you have no other choice, due to bad money habits, that's where.
If you can't afford to buy a car with cash, financing a vehicle tends to be a lot more expensive than it was a few years ago. Read: 7 Best Cars for Retirees on a BudgetLearn: How To Get $340 a Year in.