@jadewarshaw: I love when we get to say YES!!!! Here’s the framework to buy a brand new (year of) vehicle: ✅ Million dollar or more net worth ✅ You are paying cash ✅ Your spouse is onboard if applicable ✅ Keep combined vehicles values to no more than half your gross annual income. Basically if you can imagine yourself BURNING 60% of the cars value (so in this case $90k) in a bonfire and it changes nothing about your financial snapshot, you’re good. Most new cars loose 60% of their value in the first 4 years. #personalfinance #personalfinancetips #newcar #buyingacar #porsche
I work with a guy in finance, he makes $215k and drives a McLaren 720S which was like $300k. He’s doing fine. You’ll be fine
2024-06-17 20:48:12
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Linds :
750k - let him buy the car. If you really cared about paying off the mortgage you would have in one year of half your income.
2024-06-17 17:15:27
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thedeanmachine :
The issue isn’t the car. Wife wants something too 😂
2024-06-18 02:34:02
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Baran :
750k? Yeah buy 2 gang.
2024-06-18 02:59:14
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Ossi :
You get a brand new 911 for 150k in the US????
2024-06-18 10:51:50
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JC :
Buy that dream car. The moment I heard the income it was a instant yes.
2024-06-17 18:34:36
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Colton Kelly :
instant yes after the income.
2024-06-17 19:54:20
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esteemedcolleague :
Get the car, but know that dealer oil changes for Porsche 911 starts at $325 a pop, etc.
2024-06-18 22:41:26
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Chomchom98 :
Some how when she say a $150k car. I was thinking is a Porsche 911 😄. Bc that what I would buy if I got $150k
2024-06-20 21:07:08
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CzMommy :
Buy the car life is short
2024-06-17 19:37:32
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Spice11 :
They just wanted to call in and flex on us broke folks 😒
2024-06-18 01:26:29
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JoeShmoe :
If I make $750K I'm buying the dealership 😂
2024-06-18 15:59:50
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Gáry Quínn :
750k a year , you could buy the car, pay off the rest of the mortgage and still have 250k to live off in one years salary
2024-06-18 16:37:16
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Mikidad 💰💸 :
750k? Yeah buy 2 bro.
2024-06-19 09:50:13
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Craig Staley :
I'd put the 150k in QQQI. That investment will pay more than $1600 in dividends per mo. to pay for your car. When it is paid off you still have the car and the $150k
2024-06-17 17:15:27
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jermz_8760 :
750k?? This call wasn’t needed man
2024-06-21 04:58:40
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Antiochus🇩🇪🇲🇨🇵🇱🇫🇷🇬🇧 :
? When they make 750k a year why isn't the house already paid? 😅
2024-07-12 14:20:05
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14250chetlain :
Ask about retirement accounts
2024-06-17 18:02:55
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cam 🌸 :
750k for a few years and still haven't payed fir their house? 😭 nahhhh that's wild. cancelling mortage would be my first move
2024-06-18 16:40:00
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JC :
Lol they’re not even asking, they’re flexing
2024-06-17 21:54:00
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Mike Angel :
He worked really hard to build himself to earn 750k a year. He deserves it!
2024-06-22 22:46:51
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zeth fox :
750K income... what the heck are they spending their money on if they only owe $350,000 on the house why don't they just finish paying off the house in one year? they're making over 60K a month...
2024-06-18 16:22:42
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