Mile High FI Podcast Consumerism Chaos: Car Prices, Fast Food Inflation, and Tipping Culture | MHFI 232
Doug and Carl chat about various aspects of consumerism including recent trends, rising costs, and the evolving culture of tipping. They discuss the rising cost of vehicle prices & financing, increasing cost of car insurance, the future of autonomous cars, and compare fast food & grocery costs over the last decade. They also delve into the confusing culture of tipping to debate proper etiquette and question when & how much to tip.
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Links
- Tony Seba
- KBB, “When Will New Car Prices Drop?”
- LendingTree, “Average Car Payment and Auto Loan Statistics 2024”
- Statista, “Share of used and new vehicles with financing in the United States from 2017 to 2023”
- Bankrate, “The true cost of auto insurance in 2024”
- FinanceBuzz, “Is Fast Food Affordable Anymore? Here’s How Menu Prices Have Changed Over the Years [2024]”
- Pete Adeney/Mr. Money Mustache
- Brad Barrett/ChooseFI
- Mile High FI Facebook Group
- Doug’s site
- Carl’s blog: 1500 Days
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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
1500 Days, Carl’s Blog about Early Retirement
Email us here: doug@milehighfi.com or carl@milehighfi.com
0:00 Introduction
2:35 Car prices & payments
8:07 The future of autonomous cars
12:46 Increasing cost of car insurance
17:04 Rising fast food costs
23:38 Impact of inflation on food & grocery purchases
26:45 Tipping culture: confusion & controversy
31:21 Expansion of tipping into more & more locations
39:28 Soundcheck – Mini fitness updates