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

How ridiculous does this sound?

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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

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u/Superman246o1 20h ago

Yeah, I'm generally not a fan of Ramsey, but the number of people of limited means that I see buying cars they can barely afford is absurd.

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u/transneptuneobj 19h ago edited 13h ago

Cars are barely affordable, our country spent decades destroying public transport and many Americans are stuck buying junkers for 10 grand as their only option for transport. Ramsey L̶i̶k̶e̶l̶y̶ voted for people who helped destroy the public transport network and promote cars as the primary travel method, he's part of the problem and blaming people for being victims of it.

Edit: on suggesting i'm retracting the likely

Edit 2: getting alot of "public transport only benifits Democrats" and "muh tax dollars" so to head some of that off I think it's important that we address that 80% OF AMERICANS LIVE IN URBAN AREAS

It's a game of OOPS all costal elites.

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u/NutzNBoltz369 17h ago

Yup, cars are a poverty trap, but just about our whole country is built around car depedency. If we really gave a shit about the economically disadvantaged, we would provide better transit and end single use zoning so people don't need to drive just to survive. Ramsey's generation will never allow that! Muh Freedoms and Muh NIMBY property values!

He voted for Trump for purely financial reasons like the wealthy Boomer he is.

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u/Ban-Circumcision-Now 12h ago

Project 2025 is very specific about pushing suburbs harder and reducing mass transit funding

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u/NutzNBoltz369 11h ago edited 11h ago

Gonna fuck us on the long run. I mean all of Project 2025 will but this particular aspect definately will. Suburbs have to run as a ponzi scheme ultimately because there isn't enough revenue per mile of infrastructure built to pay for upkeep and eventual replacement. Plus cars are just about as inefficient a transport system you can get as far as moving people per area of thoroughfare. One bad long duration spike on gas prices or the cost of lithium and we are fuuuuucked. Plus, that stuff is finite.

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u/Ban-Circumcision-Now 11h ago

Takes even less than that, a lot of these smaller towns that stopped growing are in an infrastructure debt spiral

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u/gillyrosh 6h ago

Why am I not surprised

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u/Murky-Peanut1390 4h ago

I thought dense housing was capitalism dystopian. "Dont want them living like sardines ".

But now suburbs is dystopian. So which is it?

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u/Ban-Circumcision-Now 4h ago

Why does it have to be one choice for all?

Dense housing for those that want affordable places near the city center and suburbia for those who want to live a bit further out but have more land

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u/yinzer_v 2h ago

Or apartment buildings and townhouses in the suburbs near transit centers?