Thank god some of the parents I know aren’t teaching their kids finance. Then they would really be screwed.
Thank god some of the parents I know aren’t teaching their kids finance. Then they would really be screwed.
I remember seeing a salesman visibly deflate a little once when I stopped him talking about payments to tell him that I’d be paying cash.
Which is why labeling a people who were born in a certain era is idiotic since anyone is subject to this sort of thing, just change the product.
Dear Millennials,
While I agree with you, the flip side is if your parents aren’t financially literate, it’s going to be a more difficult journey to financial freedom.
While looking into financing a used car last month, I was told by the loan person at the bank that the monthly payment was the thing to be focused on. That the interest rate didn’t really mean all too much. As I was pointing out how much better the credit union interest rate was than theirs over 36 months.
the extremely detailed, photoshop-crashing-with-a-single-letter ‘Exotica’ font would like to have a word with you
If your peers are impressed by a 2017 CRV. Shove your Peers in your CRV and drive it off a Pier while eating Pears.
Yep. As much as I love bagging on millennial snowflakes, there is some 52 year old, right now, signing a 72 month loan on a Dodge Dart.
“Let’s hope this habit doesn’t translate into buying a home or renting an apartment.”
Financial illiteracy knows no age boundaries.
How is this only a fucking millenial problem when people are taking out 84 month loans on pickup trucks and huge SUV’s?
Car buying advice for Millennials - get a $600 Volvo and forget about car payments.
Comic Sans, Papyrus—look, I’mma let you finish, but Bleeding Cowboys is the worst font of ALL TIME.
Fixating on a monthly payment as the “hurdle” for affordability is nothing new. Baby boomers with 15 or 30 year notes on RVs are a prime example.
I’m just waiting for widespread use of leasing used cars. pick up a 3 year old car just coming into the flattening of the depreciation curve and repeat every 3 years.
Was going to write this exact comment. I defer to you good sir....
What are you talking about? Craigslist is full of cars with V4s. Do some research dude.
You know we can make some V4s. Take LS1 engines and cut them in half and call them Ls.5!
2nd all time in yards, 3rd all time in TD. He could be locker room AIDS, never mind cancer. He belongs in the HOF. End of story.