Americans make terrible decisions with cars. The article includes two anecdotal examples. I suspect that my income exceeds both. I would never pay as much as they did for a car. Cars are terrible investments. Most should be purchased as the bare minimum cost to get back and forth to work. I particularly dislike the common refrain, "the cost to repair it is more than the car is worth." It's the wrong mindset. The repa…
I think many Americans make terrible decisions with money.
The really sad part: It's easily curable, with financial education. Why it's not part of middle school education, I'll never know.