3 Comments
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PhilBuildTheFutureNow's avatar

Let's be real: We take out a loan to buy the thing we need to get to the job we need to pay back the loan.

The system is designed for a depreciating asset to be a mandatory life purchase. If you've ever felt trapped by a car payment, you're not alone.

Shernon Hague's avatar

Thanks Lau, I put the recommended trade on and feel good about it.

hermann schmenger's avatar

my goodness, auto debt is the best that can happen to an economy.

the banks work, the carproducers work, for a while the carowners work.

the building of roads for access to gasstations is tradition. the govt.

need not building rail for commuters, would restrict freedom of driving.

just get a second job.