/biz/ - Business & Finance

>>54750044
>credit cards

>>54750044
do you have the tools and skills necessary to fix the suspension and joints on your car? no? well, shit like that adds up and the average american is on a razor thin life as is. When was the last time you saw genuinely happy and healthy americans?

you live today. no need to sabe money for gettin old and being dead

>>54750343
>When was the last time you saw genuinely happy and healthy americans?
I see a lot of happy young girls. too bad i cant participate bc pozzed social constructs.

>>54750044
I buy everything with my 3% back CC and pay it off at the end of the month, literally have not touched cash in years and get an avg of a free 200 bucks a month

I broke the cycle friends

>no credit card debt
>20k cash
>25k stocks and growing

>>54750044
I recall reading a valid point that a study like the one you are quoting did not factor in the amount of "debt" the consumer pays off every year. For example, you can have an average "debt" of 1k throughout the year by spending 1k and subsequently paying it off once the statement arrives. Technically speaking, you have a 1k debt once that statement hits but you eliminate it by paying in full. I don't doubt many Americans carry monthly credit card debt not paid in full, but 7k seems like a lot. Interest would snowball out of control if you didn't pay that off ASAP.

>>54750371
Ywnbaw

>tfw $12000 debt at 3.25% apr

I'm just never going to pay

I spent 3500 on a used car warranty and they’ve paid like 26000 in repairs already

>>54752377
Replaced the transmission, all-wheel drive unit, drive shaft, alternator, tie rods, 3 wheel bearings, all axle joints, a u joint, and the steering column

>>54752424
Quit driving like shit nigger.

>>54752437
We’ll I bought it like that but unironically the guy who owned it was black

>>54752441
of course only niggers drive cars into the ground like that.
Driving like everyday is the fast and furious, media fucked their race, take it as a warning.

>>54750371
> I see a lot of happy young girls.
This. It pisses me off so much when I see a group of young, usually cute, girls acting all jovial and shit. Why they fuck should they be happy? It’s insane. Don’t they know I’m miserable?

>>54750044
That's lower than the true rate of inflation

>>54750044
>he saves first, then buys
Pathetic.

>>54750044
>he doesnt have a CC roll of $5000+ that gets anywhere from 1-5% back in cash perks
N
G
M
I

>>54752373
tfw 400k debt at 2.25% and interest is deductible from taxes so it’s really like 1.75%

>>54752485
Yeah and how much equity have you got against that debt?

>>54752485
we simply never pay fren

>>54752437
>>54752441
Legitimately don’t understand how people have so many car problems

Reminds me of how people piss and moan about healthcare like they’re made of glass and break the bones every day when they walk, then go to an ER. I genuinely don’t understand what these people are talking about

I’ve had nothing but accords and the only issue I’ve had is the alternator going out. No one in my family has issues with vehicle reliability either so I truly don’t get it. Also the meme old cars were better is objectively false. You can cry about aesthetics all you want but they look the same because the a b and c pillars have to conform to a design that survives rollovers better than the garbage from in the 60s

bump

>>54753253
>exclusively drives one of the most reliable sedans
>wtf why don't I have problems

Nissan cvts blow up at <50k miles pretty regularly and total the car. My ex's blew it's third before 100k and nissan wouldn't cover it so it got scrapped.

I drive american 4x4 shitboxes because I can handle all the small stuff that goes wrong with them. An oil leak quickly becomes a new motor for the wrenchlet.

I have around 25k in available credit on 3 cards. I almost never carry more than a couple hundred dollars in balances at a time, most I've had at once was like 6k. I just pay the statement balance in full each month, unless you're a retarded spender I can't imagine how people rack up credit card debt.
Most of these cards (especially the Amazon one) have 0% or low apr options for financing big purchases. Just don't be retarded?

>>54753467
>Just don't be retarded
And that's the thing. If the average American is somewhat retarded, that means roughly half of Americans are even more retarded. Assuming it's a normal distribution of retardation of course.

>>54750343
Pay for it yourself jesus
If you can't afford it don't use a credit card

Do americans even know what apr is

>>54753394
You missed the part where I mentioned none of my family members have issues and none of them own accords. None of them have a Nissan either though but I’d say there is a good mix between American brands and Japanese.

>>54750343
I do this shit and I'm still like 20k in the hole

>>54750371
They aren't happy. They're just retarded and have daddy's money.