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Personal Finance #5 Purchasing Strategies

Make smarter financial choices with expert purchasing strategies from a CPA. Learn how to buy cars, appliances, and more with confidence. Read more.

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Course Skill Level
Beginner
Time Estimate
6h 41m

Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI

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About This Course

Who this course is for:

  • Individuals looking to make informed, strategic large purchases
  • Financial planners guiding clients through major buying decisions

What you’ll learn: 

  • Proven purchasing strategies for big-ticket items
  • The role of warranties in purchase decisions
  • Best practices for buying a car
  • How to decide between buying and leasing a vehicle
  • Essential post-purchase steps to maximize value

Requirements: 

  • No prior knowledge required

Making smart long-term purchases requires a structured decision-making process. While people naturally develop intuition for short-term decisions through habit and repetition, major financial choices—like purchasing a car or large appliance—demand a more analytical approach.

In this course, you will gain expert-backed purchasing strategies to confidently navigate large purchases. You’ll learn how to assess warranties, compare financing options, and compare the benefits and drawbacks of leasing versus buying.

While home buying is one of the most significant individual purchases, it is not covered in this course due to its complexity. However, many of the fundamental decision-making principles discussed can also be applied to real estate.

Practical, Hands-On Learning:

  • Real-world case studies demonstrating purchasing strategies in action
  • Guided practice problems to reinforce concepts
  • Downloadable Excel workbooks (Google Sheets compatible) with:
    • Step-by-step problem-solving exercises
    • Answer keys for self-assessment

Ready to invest in yourself? Enroll in my courses and gain valuable knowledge.

Our Promise to You

By the end of this course, you will have the confidence and knowledge to make well-informed, financially sound purchasing decisions that align with your long-term goals.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today!

Course Curriculum

Section 1 - Presentations - Purchasing Strategies
6010 Buying Strategies For Large Items Including A Car Overview 00:00:00
6020 Warranties 00:00:00
6025 Large Purchase Process Like Car Overview 00:00:00
6030 Large Purchase Process Car – Lease Or Buy 00:00:00
6040 Large Purchase Process Car - Determining The Price 00:00:00
6050 Large Purchase Process Car – Post-Purchase Steps 00:00:00
6060 Large Purchase Process Car – Resolving Consumer Complaints 00:00:00
Section 2 - Practice Problems - Purchasing Strategies
6110 Membership Purchase Decision - OneNote 00:00:00
6120 Purchase On Credit vs Cash Decision - OneNote 00:00:00
6130 Unit Price Calculation - OneNote 00:00:00
6140 Cost Of Service Contract vs Investment - OneNote 00:00:00
6150 Business With Franchise Fees Break Even Point - OneNote 00:00:00
6160 Decision To Buy Appliance Net Present Value - OneNote 00:00:00
6170 Coupon Savings Calculation - OneNote 00:00:00
6180 Car Lease vs Purchase Decisions - OneNote 00:00:00
6190 Auto Operation Cost Calculation And Projection - OneNote 00:00:00
6210 Loan Periods Impact On Payment - OneNote 00:00:00
Section 3 - Excel Problems - Purchasing Strategies
6110 Membership Purchase Decision 00:00:00
6120 Purchase On Credit vs Cash Decision 00:00:00
6130 Unit Price Calculation 00:00:00
6140 Cost Of Service Contract vs Investment 00:00:00
6150 Business With Franchise Fees Break Even Point 00:00:00
6160 Decision To Buy Appliance Net Present Value 00:00:00
6170 Coupon Savings Calculation 00:00:00
6180 Car Lease vs Purchase Decisions 00:00:00
6190 Auto Operation Cost Calculation And Projection 00:00:00
6210 Loan Periods Impact On Payment 00:00:00

About This Course

Who this course is for:

  • Individuals looking to make informed, strategic large purchases
  • Financial planners guiding clients through major buying decisions

What you’ll learn: 

  • Proven purchasing strategies for big-ticket items
  • The role of warranties in purchase decisions
  • Best practices for buying a car
  • How to decide between buying and leasing a vehicle
  • Essential post-purchase steps to maximize value

Requirements: 

  • No prior knowledge required

Making smart long-term purchases requires a structured decision-making process. While people naturally develop intuition for short-term decisions through habit and repetition, major financial choices—like purchasing a car or large appliance—demand a more analytical approach.

In this course, you will gain expert-backed purchasing strategies to confidently navigate large purchases. You’ll learn how to assess warranties, compare financing options, and compare the benefits and drawbacks of leasing versus buying.

While home buying is one of the most significant individual purchases, it is not covered in this course due to its complexity. However, many of the fundamental decision-making principles discussed can also be applied to real estate.

Practical, Hands-On Learning:

  • Real-world case studies demonstrating purchasing strategies in action
  • Guided practice problems to reinforce concepts
  • Downloadable Excel workbooks (Google Sheets compatible) with:
    • Step-by-step problem-solving exercises
    • Answer keys for self-assessment

Ready to invest in yourself? Enroll in my courses and gain valuable knowledge.

Our Promise to You

By the end of this course, you will have the confidence and knowledge to make well-informed, financially sound purchasing decisions that align with your long-term goals.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today!

Course Curriculum

Section 1 - Presentations - Purchasing Strategies
6010 Buying Strategies For Large Items Including A Car Overview 00:00:00
6020 Warranties 00:00:00
6025 Large Purchase Process Like Car Overview 00:00:00
6030 Large Purchase Process Car – Lease Or Buy 00:00:00
6040 Large Purchase Process Car - Determining The Price 00:00:00
6050 Large Purchase Process Car – Post-Purchase Steps 00:00:00
6060 Large Purchase Process Car – Resolving Consumer Complaints 00:00:00
Section 2 - Practice Problems - Purchasing Strategies
6110 Membership Purchase Decision - OneNote 00:00:00
6120 Purchase On Credit vs Cash Decision - OneNote 00:00:00
6130 Unit Price Calculation - OneNote 00:00:00
6140 Cost Of Service Contract vs Investment - OneNote 00:00:00
6150 Business With Franchise Fees Break Even Point - OneNote 00:00:00
6160 Decision To Buy Appliance Net Present Value - OneNote 00:00:00
6170 Coupon Savings Calculation - OneNote 00:00:00
6180 Car Lease vs Purchase Decisions - OneNote 00:00:00
6190 Auto Operation Cost Calculation And Projection - OneNote 00:00:00
6210 Loan Periods Impact On Payment - OneNote 00:00:00
Section 3 - Excel Problems - Purchasing Strategies
6110 Membership Purchase Decision 00:00:00
6120 Purchase On Credit vs Cash Decision 00:00:00
6130 Unit Price Calculation 00:00:00
6140 Cost Of Service Contract vs Investment 00:00:00
6150 Business With Franchise Fees Break Even Point 00:00:00
6160 Decision To Buy Appliance Net Present Value 00:00:00
6170 Coupon Savings Calculation 00:00:00
6180 Car Lease vs Purchase Decisions 00:00:00
6190 Auto Operation Cost Calculation And Projection 00:00:00
6210 Loan Periods Impact On Payment 00:00:00

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