If you don’t want to be like everyone else, then you have to avoid the number one wealth killer that nobody talks about… let’s talk about it!
*https://www.youtube.com/watch?v=sYAOIKAdUZg
**https://300.ya.ru/v_fBBteQmq
таймкоды
00:00:00 Убийца богатства номер один
- Среднестатистический человек тратит деньги на жильё, налоги, коммунальные и бытовые расходы.
- Транспорт, особенно автомобиль, является главным убийцей богатства.
00:01:27 Рост долгов по автокредитам
- Общий долг по автокредитам резко возрос: с 720 миллиардов долларов в 2005 году до 1,62 триллиона долларов в 2025 году.
- Многие люди становятся «бедными автомобилистами», не имея средств для построения богатства.
00:02:29 Влияние маркетинга и социального давления
- Автопромышленность использует маркетинг для создания образа успеха через владение автомобилем.
- Социальное давление усиливает желание владеть новым автомобилем.
00:04:20 Истинная стоимость владения автомобилем
- Цена автомобиля на наклейке далеко от истинной стоимости владения.
- Пример с Honda Civic: амортизация, страховка, топливо, автокредит, техобслуживание, налоги и ремонт составляют значительные расходы.
00:08:17 Альтернативные издержки
- Покупка автомобиля вместо инвестирования приводит к потере чистого капитала.
- Инвестиции в индексный фонд могут принести значительно больше прибыли.
00:10:16 Возможности для инвестирования
- Современные платформы, такие как Trading 212, упрощают инвестирование.
- Исследование Capital One показало, что для 67% людей автомобиль — это возможность для заработка.
00:11:36 Разумный подход к владению автомобилем
- Важно подходить к покупке автомобиля с умом, оставляя средства для инвестирования.
00:11:43 Покупка автомобиля в «золотой середине»
- Покупайте автомобиль в возрасте от трёх до четырёх лет с пробегом от тридцати до сорока тысяч миль.
- Избегайте жёсткой амортизации в первый год, получая современные функции безопасности, надёжности и часто остаток гарантии.
- Пример экономии: автомобиль стоимостью 35 тысяч долларов в этом возрасте может стоить 24 тысячи, что даёт 11 тысяч долларов мгновенной экономии для инвестиций.
00:11:43 Правило пятнадцати процентов
- Общие транспортные расходы, включая ежемесячные платежи, страховку, топливо и ремонт, не должны превышать 15% ежемесячного дохода.
- Если ваш доход три тысячи в месяц, то на все автомобильные расходы можно потратить максимум 450 долларов.
- Превышение этой суммы может привести к финансовому кризису.
00:12:37 Езда на авто более десяти лет
- Большинство людей меняют автомобили каждые три-пять лет, что является финансовым безумием.
- Лучше купить один автомобиль и ухаживать за ним так, словно от этого зависит ваше финансовое будущее.
- Эти три шага экономят 300 долларов в месяц по сравнению с покупкой нового автомобиля, что составляет 3600 долларов в год.
- Инвестируя эти деньги под 10% годовых, они превратятся в более чем 118 тысяч долларов за 15 лет, что равно первоначальному взносу за дом.
00:12:37 Заключение
- Автор предлагает посмотреть другое видео для создания инвестиционного счёта.
- Призывает подписаться на канал для получения дополнительных советов по обогащению.
In this video
Intro
0:00
If you don’t want to be like everyone else,
0:02
then you have to avoid the number one wealth killer
0:04
that nobody talks about.
0:06
Take a look at this chart,
0:07
it shows how the average person
0:09
spends their money each month,
0:11
and believe it or not,
0:12
one of these categories is quietly killing your chances
0:15
of building wealth.
0:15
So let’s uncover it together.
0:17
First up, housing.
0:19
This is the biggest slice of the pie,
0:21
so it’s definitely the wealth killer, right?
0:23
Well, although paying rent or a mortgage is expensive,
0:27
at least it provides you
0:28
with a place to live.
0:29
Next, taxes, nobody likes these.
0:32
Well, unless your name happens to be Gary Stevenson,
0:35
but let’s not get into that.
0:36
Next, utilities and household expenses,
0:40
they’re not fun to pay,
0:42
but you can easily get them down by calling around
0:44
for the best deals.
0:45
How about all of these?
0:47
There are so many of these little expenses,
0:49
but most of them are flexible,
0:51
so that leaves us with one section left.
0:53
Can you guess what it is?
0:55
Transportation; car payments,
0:58
insurance, fuel, repairs, parking,
1:01
all for something that goes down in value every single day.
1:05
The average new car costs nearly $48,000.
1:09
It’s not an investment, it’s not building your wealth,
1:12
and in most cases
1:13
it’s just a financial black hole on wheels.
1:15
That’s why out of all of these expenses,
1:18
transportation, specifically your car,
1:21
is the number one wealth killer
1:23
and it’s only getting worse.
1:24
(eerie music)
Are you Car Poor?
1:27
There’s been an absolute explosion
1:29
in the amount of money people are on their cars.
1:31
It’s honestly getting outta control.
1:34
Let me show you what I mean.
1:35
In 2005, total auto loan debt was sitting at $720 billion.
1:41
Five years later it reached $850 billion.
1:45
Fast forward to 2020,
1:47
it’s rocketed all the way up to 1.38 trillion,
1:51
and in 2025 we’re sat at an all time high
1:54
of $1.62 trillion.
1:57
This has led to more people than ever
1:59
being what I like to call car poor.
2:02
This is when you’re making just enough
2:04
to cover your car payments,
2:05
but not enough to build wealth at the same time.
2:08
It’s like you’re trapped on a treadmill
2:10
that never slows down,
2:11
but why get on this treadmill in the first place?
2:14
Well, more people than ever care about their image
2:17
and driving a nice car
2:18
is one of the quickest ways to impress other people.
2:21
The car industry spends billions of dollars convincing you
2:24
that a new car is gonna transform your image,
2:27
confidence and maybe even your love life.
2:29
They don’t show you sitting in a traffic jam
2:31
on a rainy Tuesday after getting slapped
2:33
with a $600 repair bill.
2:35
Clever marketing makes you feel like success is finance,
2:38
but really it’s a liar being fed to keep you trapped.
2:41
Look at the cyber truck
2:43
that wasn’t sold on practicality or daily use.
2:46
It was sold on the image of power
2:48
and looking like you’re straight out of a sci-fi film.
2:50
Social pressure fuels this too.
2:52
Nobody claps when you drive an old Honda that’s paid off
2:55
and running smoothly,
2:56
but if you roll up in a brand new BMW on finance,
2:59
people tend to give you approval
3:01
and assume you’re doing really well for yourself.
3:03
I see so many young lads these days trying
3:05
to look successful rather than actually trying
3:08
to be successful, especially in cultures
3:10
where car ownership gives you credibility.
3:13
This need to look rich, it’s what’s causing this to happen.
3:16
It makes people stretch their money so thin
3:19
that the car actually ends up owning them.
3:21
This car poor trap gets even worse for some people
3:24
as they borrow more than the car is actually worth.
3:27
It sounds silly and you might be thinking,
3:29
why would anyone do that?
3:31
But it’s actually very common
3:33
and it’s called being in negative equity
3:35
or upside down on the loan.
3:37
In Q4 of 2023,
3:39
nearly one in four people were in this exact position,
3:42
so this could result in you owing $40,000 on a car
3:45
that’s only worth $30,000.
3:48
This means your $10,000 in negative equity.
3:51
I’ve actually had a lot of people email me
3:53
after reading my free weekly newsletter
3:55
saying it helped them avoid traps like this
3:58
and even make a bit of extra money
3:59
with some of the strategies I share.
4:01
Is something I just do for fun
4:03
and I really enjoy reading the replies,
4:05
so if you want me to send you those emails too,
4:07
I’ll drop a link in the description.
4:09
Anyway, if you want to avoid being car poor
4:11
like most people,
4:12
then you need to understand the true cost of
4:14
that so-called affordable car sitting in the showroom.
4:17
(eerie music)
The True Cost Of Owning A Car
4:20
I feel like a lot of people don’t understand
4:22
that the sticker price of a car is far from the true cost
4:26
of owning that car.
4:27
Let me explain.
4:28
Take a look at this Honda Civic.
4:30
It’s the most commonly purchased car
4:32
by people aged between 18 and 24 in America,
4:35
and on the surface it looks like a sensible choice.
4:38
The sticker price is $27,867,
4:44
which seems reasonable.
4:45
However, let’s dig into the true cost
4:48
to own this car over five years.
4:50
First up is depreciation,
4:52
and on this car that’s $10,999.
4:56
This cost starts the second you drive your new car
4:59
off the lot as it drops 10 to 15% in value
5:02
before you even make it home.
5:03
Over five years,
5:05
you’ll lose nearly $11,000 to depreciation alone.
5:08
Think about that.
5:09
$11,000 just gone
5:12
all because time passed and your car got older.
5:15
It’s like paying $2,200 every year for the privilege
5:20
of watching your money evaporate.
5:21
Next is insurance.
5:24
This is nearly $12,000 over five years,
5:27
and that’s a conservative estimate.
5:29
This figure is based on a 40-year-old
5:31
with a perfect credit score and a clean record.
5:34
If you are a young guy,
5:35
then this number is actually much worse.
5:38
You are probably looking at double that.
5:39
Sure, you can get this down a bit
5:41
by calling them every single year, negotiating,
5:44
and never staying loyal to one company,
5:46
but it’s still gonna be a high cost
5:48
even if you do manage to get a bit of a discount each year.
5:51
Then there’s fuel.
5:53
$6,415, just to keep the thing moving.
5:57
This is actually getting so expensive.
5:59
Now for financing.
6:02
This is the cost of not having cash upfront.
6:04
$4,719 over five years
6:08
assumes you’ve got a decent credit score and put down 10%,
6:12
but if your credit score is bad,
6:14
then you could be looking at 15 to 20% interest rates
6:18
instead of the six to 6.5% I’m showing here.
6:21
That’s why I always drill home the importance
6:23
of building up a good credit score by having a credit card
6:26
and putting small monthly expenses on it
6:28
that you pay back in full at the end of each month.
6:31
This means you avoid paying any interest
6:33
and prove that you’re a responsible borrower.
6:35
Next up is maintenance.
6:38
$3,224 over five years
6:42
for oil changes, brake pads, tires, the list goes on.
6:46
However, you can do this a lot cheaper
6:48
if you learn a little bit about cars.
6:51
I used to race in car championships
6:52
so I know the ins and outs of how to fix stuff on my car.
6:56
This has saved me thousands over the years.
6:58
I mean, if you learn to change your own oil,
7:00
you’ll save 30 to $50 every single time,
7:04
and if you buy a basic OBD scanner for 20 to 30 bucks,
7:07
you can diagnose most problems yourself
7:10
instead of paying the garage $100 just for them
7:12
to plug it in and tell you what’s wrong.
7:14
Then taxes and fees.
7:17
This is just the government’s cut, road tax,
7:19
registration and inspection fees
7:21
will come to around $2,800 over five years.
7:24
Finally, we’ve got repairs.
7:27
We’ll budget $1,790 for this over five years.
7:31
These surprise expenses are killers
7:33
if you’re not prepared for them.
7:35
Even reliable vehicles like the Honda Civic
7:37
will eventually need repairs beyond normal maintenance.
7:40
This is exactly why you need an emergency fund
7:43
of three to five months of your living expenses.
7:45
Without it, a single major repair can derail
7:48
your entire financial plan.
7:50
With cars, it’s not a matter of if something will break,
7:53
it’s when.
7:54
So let’s add all this up.
7:57
Drum roll please. (drums beating)
7:58
Your affordable $27,867 Honda Civic
8:04
actually costs you $46,821
8:09
over five years,
8:10
but it gets even worse than this
8:12
as this doesn’t even consider opportunity cost.
8:15
(eerie music)
The Opportunity Cost
8:17
This is where it gets really painful.
8:19
Let’s look at a five year comparison
8:21
between someone that chooses the car
8:23
and someone that chooses to invest.
8:25
If you decide to choose the new Honda Civic in our example,
8:28
then after five years,
8:29
you’ll only be left with $19,295.
8:35
This is, of course, after reselling the car
8:37
at its current market value.
8:39
That’s assuming it’s been well maintained
8:41
with minimal damage.
8:42
That’s a loss of over $27,000 in net worth.
8:45
No wonder it’s such a wealth killer.
8:47
However, if you choose to take
8:49
that same $780 monthly payment
8:52
and stick it into an S&P 500 index fund
8:55
based on the historical average return
8:57
of around 10% per year,
8:59
after five years, you’d have approximately $60,016.
9:05
Of course, past results can’t guarantee future returns.
9:08
However, if it followed the same historical pattern,
9:11
then that would be gain of over $13,000 in net worth.
9:15
That’s a price difference of $40,721.
9:21
That means by choosing the car over investing,
9:23
you could be giving up $40,000 of wealth.
9:26
Most people repeat this cycle every few years
9:29
for their entire work in lives.
9:31
This is just one example of putting your money to work.
9:33
You could choose to invest in starting a side hustle,
9:36
buying a rental property,
9:38
or even launching your own full blown business.
9:40
The key is getting your money working for you
9:42
instead of against you.
9:43
That’s not even mentioning individual stocks and crypto,
9:47
although they are riskier investments.
9:49
But to put it into perspective,
9:50
if you’d invested that same $46,821
9:54
in Microsoft stock five years ago
9:57
instead of the Honda Civic,
9:58
you’d have seen a 224% total return.
10:02
Turning your money into over $150,000 today.
10:06
Think about that for a second.
10:07
The same money that bought you a depreciating car
10:11
could have bought you a small fortune
10:13
in one of the world’s most successful companies.
10:15
The point isn’t that you should never own a car.
10:18
It’s that every financial decision has an opportunity cost.
10:21
Every dollar tied up in something
10:23
that loses value is a dollar
10:25
that’s not compounding in your favor.
10:27
You might be thinking, «If this is true,
10:29
then why aren’t more people investing?»
10:31
And to be honest, I think it’s
10:33
because they don’t understand how to actually do it.
10:35
Back in my day, it used to be very difficult
10:37
as you had to phone up a stockbroker.
10:39
However, now you can use platforms like Trading 212
10:43
right from your phone.
10:44
You can set up an account, deposit some money,
10:47
and then search for S&P 500
10:51
if you want to keep it simple and away you go.
10:53
As I was planning on talking about Trading 212 anyway,
10:57
I reached out to see if they’d be interested
10:59
in sponsoring this portion of the video.
11:01
They agreed and are also offering a free fractional share
11:04
worth up to 100 pound to anyone using the code Tilbury
11:12
in the promo code section of the app.
11:14
(eerie music)
How To Buy a car and Invest
11:16
Now, look, I get it, in many places
11:19
not having a car means losing opportunities.
11:22
A study by Capital One actually found that 67% of people
11:26
said owning a car opened up income opportunities
11:29
they wouldn’t have had without a car.
11:31
So that shows that sometimes
11:32
there is a clear opportunity cost of not having a car.
11:36
So I’m not against getting one,
11:38
but if you’re smart about it,
11:40
you can still free up hundreds per month to invest.
11:43
So if you want to buy a car and invest,
11:45
then here are the three steps I would recommend following.
11:48
Step one, buy in the sweet spot.
11:51
This is when you buy a car three to four years old
11:54
with 30 to 40,000 miles on the clock.
11:57
This is great because you dodge
11:59
the brutal first year depreciation hit,
12:01
but still get modern safety features, reliability,
12:05
and often remaining warranty coverage.
12:07
A car that costs $35,000 new might be $24,000 at this age,
12:12
so that’s $11,000 in instant savings you can invest instead.
12:17
Step two, follow the 15% rule.
12:21
Your total transport costs, including monthly payments,
12:24
insurance, fuel, and repairs,
12:27
should never exceed 15% of your monthly income.
12:30
If you earn $3,000 per month,
12:32
that’s a maximum of $450 for all car expenses.
12:37
Push past this
12:38
and you’re getting dangerously close to becoming car poor.
12:41
Step three, keep it for more than 10 years.
12:45
This is where you actually build wealth.
12:47
Most people trade in their cars every three to five years,
12:50
which is financial madness.
12:52
Instead, buy once and maintain it
12:54
like your financial future depends on it because it does.
12:58
If following these steps saves you $300 per month
13:01
compared to buying new,
13:02
that’s $3,600 every year.
13:05
Invested at 10% annual returns,
13:08
that becomes more than $118,000 over 15 years.
13:12
That could be the down payment on a house,
13:14
all funded by making smarter car choices.
13:17
If you want me to walk you through
13:18
how to set up an invest in an account step-by-step,
13:21
then I’m gonna leave that video right up there,
13:23
but don’t click on it just yet.
13:25
Make sure to subscribe if you want to grow your wealth.
13:27
Okay, I’ll see you over there.