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Friday Flight - Longer Loans, Prepaying Principal, & Higher Heating Bills #894

How to Money

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Navigating Car Loans and AI's Impact

This chapter explores the escalation of car prices, rising interest rates, and the concerning trend of 84-month loans that leave borrowers upside down. It advocates for maintaining current vehicles and emphasizes disciplined financial choices over succumbing to societal pressures for new purchases. The discussion also touches on the influence of AI on job sectors, stressing the need for genuine experiences amid technological advancements.

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