Are $1,000 Car Payments Becoming the New Norm?!
Money Guy Show
00:00
Analyzing the Failure to Follow the Money Guy Rule of 23/8
Learn about the Money Guy rule of 23/8 which emphasizes the importance of making wise financial decisions when purchasing a car, such as putting 20% down, financing for no more than 3 years, and keeping car payments below 8% of gross income. Discover why many Americans are failing to follow these guidelines and the impact it can have on future investments.
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