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CarlBMenger / Carl B Menger
npub10wv…v22x
2024-06-25 08:56:51

CarlBMenger on Nostr: The number one wealth killer for most people is buying a new car. You basically throw ...

The number one wealth killer for most people is buying a new car.

You basically throw money away to depreciation. You lose 15-20% by just driving it out of the dealers shop and another ~40% of the car’s value in the first three years.

A used Toyota Corolla is amazing.
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