Comment on Even households earning $150,000 a year are struggling with credit card and car payments

PetteriPano@lemmy.world ⁨4⁩ ⁨days⁩ ago

Struggling with car payments, you say.

Our EU household doesn’t make $150k/y even if you’d consider the hidden supergross taxes.

I’ve never had a car loan in my life, nor anything beyond the most basic insurance.

If you can’t afford to buy a car, then you can’t afford to wreck it.

It’s better to send that extra money into my savings account or stock portfo rather than waste it on interest and extra insurance. Then I’ll at least get too see that money again some day.

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