Mike AndesFounder, Augusta Lawn Care and Homeworks · Founder of Homeworks and Augusta Lawn Care

BROKE! but I look like a million bucks! 💸

7 Apr 2023 · 1 min

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Short excerpt from a YouTube video ("BROKE! but I look like a million bucks! 💸") featuring Mike Andes and another speaker discussing the costs of vehicle and equipment loans. Specific debts mentioned: $122,000 for an F450 (payment ~ $1,700/month), insurance around $1,200/month, a boom lift for $36,000 (payment just under $800/month), and a wood chipper loan of $73,000 (payment $1,500/month). Total monthly payments are estimated by speakers at roughly $5,000–$6,000.

Questions this video answers

$122,000

Just over $1,700 per month

Around $1,200 per month

$36,000

Just under $800 per month

I'd be broke. But I look like $1 million.
122,000 on the F450. 20, 22. What's the payment on that per month?
Just over 1700.
You know, with your insurance on top of that, I imagine your insurance is like 5, 600 bucks a month.
It's more than that. I'm. I'm paying around like twelve hundred dollars a month in insurance. You know, it's like.
That truck's costing you three grand a month. And then we got like, the boom lift. There's 36,000 on that. So do you know what the payment is on that per month?
Just under 800.
So on the wood chipper, there's a $73,000 loan. What's that per month right now, do you know?
1500.
So right now we're sitting at around probably $5,000 a month in payments. Is that about right? Five to six thousand?
Yeah. Yeah.