Rantings and tirades of a frustrated economist.
one thing that occurs to me regularly with any car commercial or news of a person that has bought a new car is that's a whole lot of fastly depreciating debt.for anyone over 30, here's a help to minimalism. calculate the amount you will lose in depreciation in 3 years. subtract that from the price and use the difference to find a car/truck you used to like on autotrader classics and pocket that depreciation. you still get a car you liked and you're missing out that it doesn't sync your phone to the stereo ? seriously. (I've been looking at blazers and corvettes the price of a new camry)
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