ilmscore | Financing Purchases Predictions
N/A
Accuracy

Recent Predictions

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The speaker advises against financing any purchase, including those with 0% APR, unless it generates income, with the exception of a house.
"Rule number one, no more financing anything that does not put money in your pocket. That includes 0%..."
Sep 30, 2025
Pending
Financing purchases is discouraged unless the item directly generates income, with the exception of a home.
"Do not finance anything that's not putting money in your pocket. The only exception being your home."
Apr 10, 2024
Pending
Avoid financing purchases like cars or furniture if they do not generate income; opt to buy them with cash instead.
"do not Finance it if it's not putting any money in your pocket which is why I don't Finance cars whi..."
Mar 9, 2024
Pending
Financing purchases, even with 0% APR, can be a money trap leading to overspending and debt.
"So many people are financing this phone on 20, 30, $40, $50 monthly payments because they cannot aff..."
Mar 3, 2024
Pending
Highlights the prevalent culture of financing, including 'buy now pay later' services, and contrasts it with cash purchases.
"we live in a culture today where financing things is very normal in fact paying outright cash for so..."
Dec 25, 2023
Pending
Avoid financing liabilities (things that don't generate income), except potentially a primary residence.
"if you are buying a liability so if you're buying a car you're buying anything that's not putting mo..."
Dec 24, 2023
Pending