Dylan VanasFounder & 2x 8-Figure Entrepreneur Empowering Growth

He Owes HOW MUCH On His Car

Name: He Owes HOW MUCH On His Car
Uploaded: 2023-01-03T17:00:00+00:00
Duration: 34 s
Channel: Dylan Vanas
Description: Dylan Vanas breaks down how his friend ended up owing $70,000 on a $50,000 car, then spent another $15,000 in repairs. A cautionary look at how quickly…

3 Jan 2023 · 1 min

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0:34

Dylan Vanas breaks down how his friend ended up owing $70,000 on a $50,000 car, then spent another $15,000 in repairs. A cautionary look at how quickly car debt spirals when you're not careful.

Questions this video answers

$50,000

Over $70,000

$15,000

About $85,000 into a $50,000 car

Chapters

Most people are broke. In fact, one of my friends came to me recently and told me about his $50,000 car that he owes over $70,000 on, and it just had an invoice for $15,000 worth of repairs. So basically this guy's got $85,000 into a $50,000 car. Have fun clawing out of that debt. Most people have no idea how or where to spend their money. I have friends of mine, people on my team that have massive amount of debt and limited to no asset. We need to be more responsible, especially younger generations coming up with the amount of consumerism. Things are changing and people need to be aware exactly how they're spending their money and being wise not to live outside their means, but live well within them.