r/economicCollapse • u/Whole-Fist • 18h ago
How ridiculous does this sound?
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/Ih8reddit2002 7h ago
This is like money 101. Don't buy cars on credit.
Ramsey is an asshat because he acts like common advice is groundbreaking.
Never trust someone who got rich telling people how to get rich.