Why Car Payments Are The Silent Wealth Killer: What You NEED to Know!

Are car payments secretly hurting your money? 🚗💸 In this video, we explain why car payments can stop you from getting rich and how they affect your finances more than you think. Find out the hidden costs of buying a car with payments and what you can do to keep more of your money.

[Investorpotamus]

Or... and it is a suggestion, invest when you're young, generate large amounts of passive income, then use some of that to finance the cars you want when you no longer have financial need beyond the passive income.

[christiandavies]

Brought my car on 1% finance while inflation was 5% and I could invest the cash I would have paid made sense to me. Not always possible to find deals like that but you should do the maths because sometimes it makes sense to borrow.

[xqz]

Save it for what? Invest for what? Eventually for another car?

[lokeshkambojuk]

here is better advice.
buy a brand new car that you can pay off in three to four years and then use it for next 10 or 15 years.