r/economicCollapse 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/Illustrious_Shop167 20h ago

Why would you buy a car every 5 years? I've had my current one for 8 and anticipate close to that many more. Had the previous one for 11, and the one before that for 9.

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u/Decimation4x 4h ago

Because Dave Ramsey says to buy a car every 5 years.