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Many people spend a LOT of money to impress people with their car at a stoplight. And meanwhile, their new car is losing 60–70% of its value in the first four years that they drive it. So they turn $50,000 into $15,000 and then scratch their head and wonder why they can’t get ahead financially. What if all your investments lost 70% every four years? Everyone knows that’s a formula for not getting rich. Now, if you’ve got enough money that you can afford to throw $35,000 away and it not matter, t

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Many people spend a LOT of money to impress people with their car at a stoplight. And meanwhile, their new car is losing 60–70% of its value in the first four years that they drive it.

Dave Ramsey. Dave Ramsey · Original audio. Many people spend a LOT of money to impress people with their car at a stoplight. And meanwhile, their new car is losing 60–70% of its value in the first four years that they drive it. So they turn $50,000 into $15,000 and then scratch their head and wonder why they can’t get ahead financially ...

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