2026-03-20 22:46:24

My cousin's boyfriend is 30 years old.

He financed a Cadillac Blackwing.
His situation was this:
earns $50,000 a year
only had $3,000 saved
took out a $40,000 loan at 13%
canceled insurance to "save money"
Then the car got stolen.
And yes, the debt is still there.
The real question is: how many bad decisions away is a person from complete financial ruin?

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