ilmscore | Prediction Details
"the average new car payment in America right now is 717 dollars a month do you know what this means this means that if you're worried about gas prices you can't afford this new car payment 717 a month for a new car payment is the highest number we've ever seen If instead of having a car payment you took the 717 dollars a month and you invested it and let's say you could get just a seven percent annual return on your money... for 40 years well instead of having a car that's worth nothing in 40 years you would have almost 2 million dollars"
By Minority Mindset | September 17, 2023 | Pending
From video
How To Stop Paying Taxes (Legally) & Build Your Financial Freedom | Jaspreet Singh 01:35:07 - 01:35:54
Interpreted Prediction
Avoiding a $717 average car payment and investing that amount annually at a 7% return could result in nearly $2 million over 40 years.

Prediction Details

Topic
Car Payment Impact on Wealth

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