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RE: Driving Into Debt: 7 Million Americans More Than 3 Months Overdue On Car Payments

in #debt6 years ago (edited)

Great post...This is a demonstration of smoking mirrors...Eloquent speeches say the economy is doing so 'swimmingly'; yet, the stats are portraying a much more dismal picture. One can see all of the boarded up buildings of companies closing and know there's a dual side to the story. Some say, things are set up for the rich to get richer...And, one can't blame the POTUS; because, it's much larger than even him.

Btw, Dave Ramsey says if you've got more car than house, you've got too much car. I interpret this to mean, if you're renting, you prolly shouldn't have a car note. Most $5K well-maintained used cars will do the same thing a $55K vehicle will do...aka Live within your means.

Peace.

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