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Uploaded by on May 4, 2010

Free cars for life? What? We're not kidding!

We Americans love our cars, don't we? We just can't help it! But how much do we really love the car payments that weigh us down? Learn how you can save and avoid car payments for the rest of your life!

Dave teaches about this and much more in Foundations for Life and Money. Visit our website at http://daveramsey.com/school to learn more about this course for college students.

  • likes, 9 dislikes

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  • I just checked the performance on the 5 mutual funds in my portfolio. The Annual returns show in real time as 11.1%, 12.3%, 14.9%, 16.9%, and 20.2%.

    Why is 12% a bad assumption? Have you not noticed that the stock market has come back up since March 2009?

  • 12% in a mutual fund is a RIDICULOUS assumption.

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  • I love all the "anti-coprorate/big car company comments. It's ego and our own desire for status that causes us to seek out increasingly nicer vehicles- the car companies merely service that ego. It's never the fault of the business for selling the product, it's the fault of our society for creating the "need" to be in debt.

  • 12% consistent annual return? I have nine mutual funds. The last year put me at 2%. The average return ranges from as low as -25% to 8%. If anybody has funds that are returning that well, even through the 2008-2009 time, please let me know! You could be a hedge fund manager!

  • I like this video but everyone bashes buying a brand new car. I dont see anything wrong with it. I love my new car.I saved a big down payment. im on my 3rd year having my car n its almost paid off. so all this talk about being enslaved by car payments for the rest of my life is hilarious to me. I think its called be smart and actually read before you sign anything n dont buy what u cant afford to pay off on a timely manner.

  • Even on a down year, the long term return would net you more. Even if you invested on September 10, 2001, or in 1980, or in July 2008, or heck, even before the great depression... if you invested and waited instead of bailed, you have received a return of about 12%.

  • the 8 dislikes were car dealers.....

  • @CookieB984 Very impressive! :)

  • I would love the name of a mainstream fund with normal risk that delivers consistent yoy growth of 12%+. Seriously send me names.

  • all i know is that this makes sense, normal thinking and corporation propaganda on "easy car payment" brainwashed people into thinking their way is the only way. Banks are corporations, do not encourage them to be greedy bastards that they are now

  • @SaviourSole You'll be surprized with how many idiots would.

  • @witness402 It depends on were you invest it.

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