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Dumb Financial Decisions Americans Make [Do You?]

Money Guy Show

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Are You Going to Live Your Best Life Now?

The idea of accelerated gratification. It's this idea of lacking self control to make wise financial decisions because we want certain things right now, instead of in the future. Half of millennials take out car finance, car loans, to match their social media dream o. 50 % of the millennial population of the u k. Wants to imitate what they see on social media,. So they take out car loans in order to do that. That's the opposite of deferred gratification. That's wanting the nice stuff now. But i don't think this is just a a medium that exists inside the u. K., I think this is even prevalent here in the united states as well.

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