AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Preventing Negative Equity and Average Savings Rates
The speakers discuss the concept of the '23-8 idea' for avoiding underwater automobile loans and highlight the importance of reliable transportation for building wealth. They also mention an automobile checklist on moneyguide.com. The chapter transitions to the average savings rate in America, its fluctuations during the pandemic, and the significance of saving and investing for financial independence.