Many people spend way too much money on things that go down in value, then wonder why they’re broke. I love boats. I’ve got two MasterCrafts. But boats, cars, motorcycles, lawnmowers and Sea-Doos are not investments. Anything with wheels, a battery or a motor goes down in value. My rule is you should own no more than half your annual income in things with wheels, batteries or motors. And always pay cash for these things. That helps you leave room in your budget to invest, pay off your house and build real wealth. I want you to still enjoy the toys, but don’t let them steal your future. #cartok #boats #motorcycle #jetski
4.39% ERengagement of this clip — below the author's average (4.52%)
top 90%outperforms 10% of the author's clips
27%of the author's average views
