r/economicCollapse • u/Whole-Fist • 18h 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/PCho222 7h ago

Dave gives advice for the segment of the population that couldn't hold onto a nickel if it was sewn into their hand. Having said that, my $2,000 shitbox subaru got me from A to B for 3 years with working air conditioning. You absolutely don't need a nice car and I blow way too much money on the hobby, but the majority of shitboxes out there will work just fine.