ilmscore | Prediction Details
"So what does that mean? You want to go out and buy a new car, great. Don't get a car payment. If you want to lease a car, okay, well, you got to be really rich to be able to do that. Leasing a car is like going and flying first class. Flying first class and sitting economy is going to get you to the same place, but flying first class is a whole lot more comfortable. Leasing a car is very comfortable. It comes with a lot of perks, but you got to have the money to be able to actually afford that. That means if you can't afford to buy that car comfortably with cash many times over, don't even think about leasing it."
By Minority Mindset | February 6, 2024 | Pending
From video
How To Invest In Dividend Paying Stocks & NEVER WORK AGAIN 01:37:04 - 01:37:32
Interpreted Prediction
Avoid using debt for purchases like cars; if leasing is considered, it should only be done if one can comfortably afford to buy the car with cash multiple times over.

Prediction Details

Topic
Debt and Purchases

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