Hook

Their other posts in the index, biggest breakout first.
What is the number one wealth killer? Ah, yeah. Car payments. New cars. Car payments in general. So I made this video last year about the number one wealth killer that nobody in my opinion, anybody should a new car. If you're trying to be financially savvy, never buy a new car. Because buying is basically your money away to depreciation. Most of the time. How much are you the car off? Yeah, off a lot depending on the model 15%, 20% right off the top there. And then in the first three years you typically lose 40% of the value. That's typical curves. For some sports, it could be for some cars their value like I think holds really well. Might be lower, but about 40%. That's typical depreciation curves. So I'm you should you should also a car leasing a car could be good, depending on who you are. Almost try to always three years I found that. The sweet spot. Because if years used, it still feels new. It probably has 30,000 miles on it, hopefully. And honestly, don't change so people will like, a new car, and it'll so much money. So if you are going to buy a new car, three years years used, pre-owned and you'll save money that way.