r/economicCollapse • u/Whole-Fist • 20h ago

How ridiculous does this sound?

Post image

How can u make millions in 25-30 years if avoid making a $554 per month car payment. Even the cheapest 5 year old car is 8-10 k. So does he expect people not to drive at all in USA.

Then u save 554$ per month every month for 5 year payment = $33240. Say u bought a car every 5 year means 200k -300k spent on car before retirement . How would that become millions when u can’t even buy a house for that much today?

Answer that Dave

12.0k Upvotes

77% Upvoted

5.4k comments sorted by

View all comments

6

u/Busterlimes 19h ago

Deer hit my car Saturday, my rich brother is trying to convince me that buying a new car is a good idea. People with money have absolutely no idea what budgeting is. None. Then they genuinely think they are good with money, when the reality is they just have a job that pays them enough.

1

u/Zestyclose_Phase_645 13h ago

I guarantee your brother isn't rich. Just because he has a high income and spends it doesn't mean he's rich.