A new car loses 60% of its value in the first five years. That means your $40,000 car is going to be a $16,000 car in five years.
If you lose $24,000 every five years, don’t be scratching your head and wondering why you can’t build wealth. It’s because you’re driving it—down the sewer.
That’s not at all how real millionaires behave. The average millionaire drives a nice, slightly used, two- or three-year-old car that they bought with cash, and they practically never drive a brand-new car off the lot.
People always say, “Well, Dave, if I were a millionaire, I’d be able to pay cash for a car too!” No, you’re not getting it. These people don’t buy with cash because they’re rich; they’re rich because they buy cars with cash!
Think about how much the average American spends on car payments over their lifetime. The average payment is around $735 a month right now. If you invest $735 in a good mutual fund every month from age 25 to 65, you’ll end up with more than $6 million. Now, I love nice cars, but I’ve never seen one worth $6 million!
If you call into The Ramsey Show, struggling to get out of debt, you can almost guarantee that the first words out of my mouth will be, “Sell the car!” If you want to take control of your money, you’ve got to amputate the out-of-control lifestyle. For most people, that starts with the car payment.
🔥🔥 𝗕𝗥𝗨𝗧𝗔𝗟 🔥🔥
💥Mini Bus de #Bitcoin viajando por El Salvador! 🇸🇻 🚌
Se llama @labitcoineta y su misión es expandir el Conocimiento y la Adopción de #Bitcoin 🔥
Excelente 👏🏻
⚠️ALERTA⚠️
🇺🇸 El FINAL de la hegemonía del Dólar estadounidense?
📺Ahora Fox News cubre y comunica:
🚨El cambio de dirección del $USD 👀🤯
"Se aproximan cambios no vistos en 100 años"
In the last 12 months,
I survived LUNA.
I survived 3 Arrows.
I survived Celsius,BlockFi and Voyager.
I survived FTX (and
I survived Genesis/DCG.
I survived BUSD.
I survived USDC.
I deserve a bull market.
Que locura que:
1. El empleado de Pfizer cuente tan frío lo que hacen.
2. este vídeo puede salir en twitter solo por Elon Musk
3. Han bloqueado el vídeo en YouTube, meta, CNN, etc…
4. Google intenta desacreditarlo
5. QUE PFIZER LO ADMITE EN SU RESPUESTA CON OTRO NOMBRE! 🫣😂