The car in your driveway might be the most expensive financial mistake you ever made. And most people make it before they turn 25. The average American car payment is $735 a month over 72 months. That is $52,920 paid to own something worth $22,974 when the loan ends. You paid $52,920 for a car worth $22,974. Let that sit for a second. But here is what nobody tells you at the dealership. $735 a month invested at 7% average return: 5 years — $52,645 10 years — $121,820 20 years — $364,671 30 years — $849,043 You did not just buy a car. You traded $849,000 to look like you could afford one. The average millionaire drives a 4 year old car they paid cash for. They did not get rich and then stop having car payments. They avoided car payments and that is part of how they got rich. Transportation is a tool. Not a status symbol. Not an investment. A tool. Drive what gets you there. Invest the difference. The worst financial decision most people ever make is the one everybody celebrates. Congratulations on your new car. Your future self will pay for it. What car are you driving right now? Drop it below. 👇 Follow @FulcrumDaily 🔗 beacons.ai/fulcrumdaily - @fulcrum_daily