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How CARS KEEP YOU POOR... trying to impress PEOPLE THAT DON'T EVEN LIKE YOU | After Hours

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Wise Phenomenal
Wise Phenomenal
19 May 2021

In addition to dreams and aspirations, the car companies sell us something else - they sell us debt. A lot of debt. In fact, car debt is usually in the top two or three categories of the debt carried by most Americans, right up there with college loans, credit cards, and mortgages.
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00:00 Intro and housekeeping
01:39 Championed world's worst investment
04:34 You're paying them interest to hold your loan
06:50 The math
09:29 Paying to keep up with the Joneses

#Money #Millionaire #Cars

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1 Comments Sort By
Dangerous Television
Dangerous Television 7 months ago

Reminds me of Hunter's Point in S.F...Thousands of nice cars in the hood. Their cars look better than the rich people up the street. And yes..rich people live right up the street from the hood in S.F.

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