GeoPulse : Learn how to take control of your money with smart personal finance strategies, simple investing tips, and daily money hacks. In this video, we break down today’s financial news and give you practical steps to grow wealth, save smarter, and invest wisely.
🌍 Covering the latest from the U.S. economy, stock market updates, and financial trends that matter for everyday people worldwide. Perfect for anyone looking to build wealth, understand money, and make smarter financial decisions.
💰 Topics we cover: • Personal finance & budgeting • Stock market & investing • Real estate & housing market • Credit cards & saving tips • Money mindset & wealth building
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00:00If you're borrowing on a car, you're putting a low down payment, you're financing it over 84 months, you are never going to own that automobile and you're never gonna be able to build wealth.
00:08I talked to a guy who runs a car dealership and he says the way he structures it, because some of these spires are very high risk.
00:14There's a large percentage of them that can make the first few payments and then they stop.
00:18So the way he said he structures it is by making payments due every other week.
00:23So if they default, you'll know after the two weeks and it's an easy repossession after that point.
00:30They're paying fees up front just to get the loans so that even if they repossess the car, they get their money.
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