""It's the cars. People are obsessed with getting whatever big truck or SUV that has the new year on it. They say it's the safety features... It doesn't make sense.""
""You need to have a car to have a job, and you need to have a job to have a car. We have that endless loop because we have horrible public infrastructure in this country.""
""I still love McDonald's. I try not to get it, and my girlfriend doesn't want me to because it's bad for me. But at least I can afford it.""
""With Klarna being baked into everything and Afterpay, unfortunately, I have a feeling the show's going to be going till I'm done.""
Caleb Hammer highlights a common financial mistake: overspending on cars, particularly new models. He notes that societal obsession with vehicles, combined with poor public infrastructure, traps people in a cycle of needing cars for jobs. Hammer reflects on his own past debt and emphasizes the importance of financial education. He expresses concern over the financial outlook for Americans, especially with the rise of buy-now-pay-later services, which may exacerbate existing financial struggles.
Read at www.businessinsider.com
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