Your CAR is a money pit driving you to STAY BROKE

Описание: Here is how your car is a money pit that's keeping you broke and driving you away from your financial wealth and into financial stress! Many people use cars as status symbols to symbolize wealth prioritizing aesthetics over financial health. #socialcommentary #videoessay

SITES:

How much does it cost to own a car?
https://www.bankrate.com/insurance/ca...
How To Beat Car Depreciation
https://www.kbb.com/car-advice/how-to...
How Does Transportation Spending Impact Average Households?
https://itdp.org/2024/01/24/high-cost...
Peacocks, Porsches, and Thorstein Veblen: Conspicuous Consumption Signaling System
https://assets.csom.umn.edu/assets/16...
Keeping Up With the Joneses: Nearly 40% of Americans Overspend to Impress Others; Most Want to ‘Feel Successful’
https://www.lendingtree.com/debt-cons...
Car interest rates for average first time car buyer!
https://www.marketwatch.com/guides/ca...
Big Tymers: Still Fly
   • Big Tymers - Still Fly  

hapters:

00:00 Intro
00:00 Why Is There a Need to flex
01:16 Men’s Conspicuous Spending to impress Mates
01:26 The Car is a status symbol of what you really want
01:56 Annual Cost of car ownership
02:27 How Much The Average American has in Emergency Fund
02:36 Average Monthly Cost of car ownership
02:42 Can You Afford a Car based on monthly payments?
03:08 Lower Income Households owning Cars
03:24 Owning Cars as a young adult for independence
04:32 You don’t need your dream car at a young age
06:08 Some People put all their resources into a car
06:46 You DON’T NEED A BMW
07:25 High Car notes
07:48 The Big Tymers“Still Fly”
08:32 A BROKE mindset
09:17 Broke People with MULTIPLE cars
09:46 Filling the void of wealth with cars
10:10 Maybe Save to Pay Cash
10:46 Honesty for those with a Need to Impress Others
11:14 Invest in Your Future
12:26 Not Saving and Unnecessary spending
12:44 HoodRich
13:10 Stop making everyone else rich!
14:01 How you can stay broke
14:26 Transportation options to avoid car payments
15:05 You have the power to change things


Keywords:
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