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Cars = #1 Wealth Killer

Tae Kim - Financial Tortoise 9:24

28,248 views · 990 likes Watch on YouTube ↗

Cars are one of the biggest expenses people have. They're also a major wealth killer. In this video, I talk about how cars can impact your finances and offer some tips on how to reduce the cost of owning a car.

Timecodes:

0:00 - Intro
0:40 - America's Obsession With Cars
2:20 - Cost of Owning a Car
3:05 - Car Payments Are A Bad Idea
3:59 - Less Car Payment = Increased Wealth
4:52 - Car Payments Are Not a Way of Life
5:57 - Positive Car Habits

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LINKS:
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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

Category (YouTube): Education

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