For an 18-year old high school senior, what is the opportunity cost of buying a $13,000 car instead of a $10,000 car? In this episode, Gene and Rachel discuss that first big money purchase many of us make - our first car. What happens if that senior chooses to buy the $10k car even though they can afford a $13k car? Tune in to find out . . .
This special Mailbag Series features questions from the Troutwood community. Each episode is designed to answer your most popular questions, giving you just what you need to know. Your money choices have consequences. Will you choose wisely?
Members of the Troutwood team are fact checking and asking questions behind the scenes in every episode.
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Big Shout out to our Guests and the Troutwood Community!! THANK YOU, we Appreciate you!
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ABOUT Troutwood 👇
Troutwood provides investment and financial content that helps to remove the fear of finance and replace it with knowledge and confidence. Retirement in America is changing from employer directed to employee directed. Our objective is to help prepare individuals for this change. To help people learn to invest with understanding.
This channel allows us to share our passion for personal finance, the stock market, financial literacy, education, investing, and financial planning.
DISCLAIMER: The information presented on or through this video is made available solely for general information purposes. We do not warrant the accuracy, completeness, or usefulness of this information. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other visitor to the video, or by anyone who may be informed of any of its contents.
