How to Money Friday Flight - Ridiculous Car Refinancing, Occupation Consternation, & Ads Everywhere #1059
10 snips
Nov 7, 2025 This week dives into pressing financial issues, like the staggering $50k average for new cars and the rising trend of long car loans. Find out why the misleading $10,000 new car tax break may not benefit most. Explore the implications of AI on job stability and career shifts after the pandemic. Additionally, discover how extreme frugality and side hustles can manage financial uncertainty. Don't miss discussions on the creepy rise of household robots and the ad saturation we face in daily life.
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Timeshare Rescission Window Reminder
- Joel and Matt recount timeshare sales tactics, noting a rescission window exists in many states.
- They advise checking state rescission periods (3–15 days) to cancel high-pressure timeshare purchases.
Skip Very Long Car Loans
- Avoid refinancing into very long auto loans; seven-year terms extend debt and risk repossession.
- Refinance only to shorten payoff or lower rate while keeping term reasonable to escape the car-loan treadmill.
Cars Becoming More Disposable
- Auto delinquencies are rising while mortgage delinquencies fall, showing shifting household priorities.
- People treat cars more like expendable tools now, not assets to protect at all costs.
