Do This if You Want To Stay in the Middle Class

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[sarawilliam]

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

[tylerhair]

100k miles? That’s nothing. lol! Fix the car and drive it another 100k miles. You don’t NEED a new car. You WANT a new car.

[RobertBolger-eb]

1.2 million dollar net worth, and I drive a 2007 Toyota.

My neighbor drives a new Range Rover, and he asked me how I am always home at 2:00pm and he cant seem to get home before 8pm. 

I said, because I am 44 years old, have zero debt, and able to work only part time. I semi-retired when I turned 40.

[JG-fisq]

I have a 2006 Honda Accord LX that has 300k miles on it and it still runs amazing. Car payments suck!

[jkpiii]

Ask my kids!! Lol. We suffered for 2yrs in a hot car that had windows that didn't work. Now, we are out of debt with a newer car that has A/C and working windows.

[shawncho]

Thank you Dave. I love how he just calls out bs. From the jump you can tell this lady just wants to justify going into debt 😅

[fabbz]

Im driving a 2006 toyota solara with 170k miles. Windows dont work which makes me not go to drive thrus 😂

*Update y'all me and my wife saved up and replaced the convertible top and windows are working now ☺️

[albie]

Even at 4k, repair cost is cheaper than a years worth of car payments.

[MMC-jpgl]

I learned this lesson 17 years ago. It just hit me: why do I spend all of this money on something that will just basically take me from point A to point B? I decided then I would relinquish the "social status" car and buy practical. A two year old used Camry was my answer and still is. Paid off and still runs fine. Granted I am not rich. I became disabled a few years after I bought the car but am grateful for the freedom. God bless~

[thetoynerdco]

My 2007 Toyota Yaris had 278, 000 miles and still ran great. I then gave it to a friend. 100k miles is nothing. Fix the car and invest your money and let it grow. You will be glad you did!

[karebear]

I just finished paying back my student loans, i am debt free🙌 it is all thanks to finding Ramsey show and learning about the baby steps🙌

[danielr]

I see so many people saying it has 100k miles like that is a lot of miles. The average bad car (Nissan KIA Hyundai Chevy) last easily 200k miles if you take car of them. The good ones Toyotas Hunda most pick ups Lexus Acura and some Fords they will all last at a minimum 250k to 300k miles if you do some regular maintenance and take care of the transmission and oil changes

[paulgrimes]

I can't wait to pay off our $50, 000 mistake next month. Doubled down for three years.

[le_pepe_dale]

But, but, but, Jamie’s husband next door has her in the new Tahoe and her kids are so safe in it!!!!

[reedmurungweni]

I watched this with Scotty Kilmer. We loved the lessons here!

[financenumber]

Love this statement - "If you want to be middle class for the rest of your life, keep a car payment"

[GillerHeston]

Though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for.Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2024 and I believe it's my time to invest and shine for a better future.

[newpveu]

I have a 2014 Honda Accord with 222K. It has minor issues but it runs.

[RoguePlanetStudio]

I got a 3400 car and the AC went out, it was just the blower and it cost me a 30 dollar part and two hours of personal labor.

[masangogabriel]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.