Much as that car doesn’t make sense out of context, that’s not what’s fucking up their finances. They get a little over 4k a month. Their car, apartment, and medicaid cost about 2k.
They’re getting fucked on the medical bills, guarantee it. Worse, the car might also be considered to be a ‘medical bill’ in that it’s required for them to get around at all.
Used car prices have shot up over the last few years. Add on the increasing price for new ones nd it is not hard to see why. People not paying of their cars and rolling over the remaining balance is the new norm.
older people simply don’t know how to save money. they don’t know how to navigate the internet like we do and they’re not savvy enough to locate deals or negotiate like younger people are.
I’m really not surprised they’re getting ripped off. Everyone in this country wants to rip everyone else off because thats what capitalism has taught us we need to do to survive. Being old lowers your defenses against it. Hell, its why so many older people are victims of scams.
Their monthly income is $4600 including SSI and a pension.
Surprised they don’t have a paid off home at that age.
Not sure why they need a $625/month car (instead of something with a monthly payment less than half that amount).
Much as that car doesn’t make sense out of context, that’s not what’s fucking up their finances. They get a little over 4k a month. Their car, apartment, and medicaid cost about 2k.
They’re getting fucked on the medical bills, guarantee it. Worse, the car might also be considered to be a ‘medical bill’ in that it’s required for them to get around at all.
Used car prices have shot up over the last few years. Add on the increasing price for new ones nd it is not hard to see why. People not paying of their cars and rolling over the remaining balance is the new norm.
For real, every time I buy a car (used) it gets older and more expensive.
Sad when you can’t find a decent small truck under $10k unless you want 300k miles. Shit is out of control
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older people simply don’t know how to save money. they don’t know how to navigate the internet like we do and they’re not savvy enough to locate deals or negotiate like younger people are.
I’m really not surprised they’re getting ripped off. Everyone in this country wants to rip everyone else off because thats what capitalism has taught us we need to do to survive. Being old lowers your defenses against it. Hell, its why so many older people are victims of scams.
They really should invest in Bitcoin.
They could move to a cheaper country and finally retire.
Damn I can’t even imagine making that monthly.