We have opted to sell one of our meticulously maintained 8yo family cars to DD16-- on a structured payment plan that will last two years, but will result in her having a paid-for car that belongs to her on her 18th birthday-- AND the pressure of having a large, structured loan. Well. Large for her. The concept of "regular monthly payments" was pretty intimidating.

She was very concerned, in fact, and ELATED to have landed a summer job that will cover the entirety of this year's payments.

As long as her grades are good, we'll cover her insurance and will help with gas.

This way-- she's driving a VERY good car (safe and reliable), and she isn't paying anything like market value for it (we're selling it to her for 1/5th of its Bluebook value).


She's had her own bank account since she was 12.


Schrödinger's cat walks into a bar. And doesn't.