I want a new car. I probably need a newer car. Seriously, I drive what many would call a clunker. Regardless I'm willing to make use of what I have until I have cash in hand to purchase a car I want to drive.
Creating debt through a car payment is usually not a wise decision and moving forward into the fall of 2015 it's potentially even worse than in years past.
I recorded this video July 20, 2015 because the message was given to me very clearly by what's known as prophetic utterance. The warning to not take on a car payment was impressed to me very clearly - the message was for others just as much as for myself. I've held on to this video for two reasons. One, I didn't know what to do with it. It was a seemingly random bit of information, and two, most people don't want to hear this type of advice. But I read a similar and more detailed message on my mentor's website Sunday, August 30 and knew it was time to release my video as well. His message confirmed what I sensed as I studied the economy in prepartion for fall.
This is the note from my mentor:
WARNING: The next subprime debacle in the USA will be in the sector of automobile loans.
Author, Teacher, Mentor and Speaker