THIS UNEMPLOYED TEXAS MAN PAYS $1,200/MONTH FOR HIS $56,000 CAR, HAS $94,000 IN TOTAL DEBT
https://media.zenfs.com/en/moneywise_ecomm_711/8f3560ffc3912ed58402086c186e1475
✍️ American households carry $1.66 trillion in auto loan balances, with many individuals taking on unsustainable debt due to irrational car obsessions.
👉 American households carry $1.66 trillion in auto loan balances 👉 The average new car price has crossed $50,000 for the first time 👉 The average auto loan interest rate is 6.90% 👉 Families are also burdened by service costs associated with their vehicles 👉 The rising cost of cars and rising interest rates have created a double whammy for the average American family's transportation costs
-- #Emmanuel #DaveRamsey #JadeWarshaw #JeffBezos #WarrenBuffett #RobertKiyosaki #business
Loading quoted post…



