ilmscore | Financial Mistakes Predictions
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Financial Mistakes

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Accuracy

Recent Predictions

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Car loans are identified as America's number one wealth killer, significantly hindering financial progress.
"number one right now in my mind as we take calls is car loans car loans car loans are killing Americ..."
Minority Mindset Minority Mindse...
Mar 13, 2024
Pending
How I Went From Brok...
A common financial pitfall is being 'underwater' on car loans, where the car's value is significantly less than the amount owed.
"the car is now Worth 16 or 20 grand and I'm like so more and more people almost every person that ca..."
Minority Mindset Minority Mindse...
Mar 13, 2024
Pending
How I Went From Brok...
Excessive car payments deplete retirement savings, and the widespread use of loans artificially inflates car prices; a shift to cash purchases would likely cause prices to drop.
"most people are driving their retirement accounts with the amount of car they're buying and just lik..."
Minority Mindset Minority Mindse...
Mar 13, 2024
Pending
How I Went From Brok...
Americans are accumulating debt through student loans, credit card balances exacerbated by inflation, and personal loans, including HELOCs, due to escalating expenses.
"they are hanging on to student loans uh for 10 20 years hoping for government forgiveness they are h..."
Minority Mindset Minority Mindse...
Mar 13, 2024
Pending
How I Went From Brok...