Скачать или смотреть Would you finance a car longer than a mortgage? Here’s why extended loan terms like this can quietly

Would you finance a car longer than a mortgage? Here’s why extended loan terms like this can quietly destroy your finances: 1. Interest adds up fast. The longer the loan, the more you pay, not just in time, but in total dollars. That $20K car? You could easily pay $40K+ over time. 2. You’re upside down for years. That means you owe more than the car is worth. If you total the car or try to sell early, you still owe the lender. 3. It locks your income. $1,187/month is over $14K/year. Multiply that by 23 years? That’s over $322,000 in lost opportunities for investing, saving, or owning real assets. Wealth is built by minimizing liabilities, not stretching them! If your car note is competing with your rent or your retirement plan, it’s time to rework the numbers. #financialliteracy #carnote #cartips #moneytips #personalfinance #debtfreejourney #budgetingtips #moneymistakes #financialgoals #buildwealth #moneytruths #interestrates #badcreditloans #carfinance101 #wealthmindset #payoffdebt #savemoneytips #financialindependence #blackwealth #generationalwealth #greenscreenvideo