soundcloud.app.goo.gl/4kAsr8QaZyWmqU8GA y’all get in the comments and tell Shawn cotton I’m up next and I’m trying work with Him and his team 423-258-0843
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
@@HADESNYC I really meant financing but either way you need a steady source of income you can save all you want but that money still gotta be rolling in regardless
@@EUU100 yeah it is enough for everyone to eat but the game is to be sold not told, that’s just how the game goes, it’s how it always will be. Why give viable information you struggled for or paid to get away freely?
If you trying to learn the swipe game hit up 1yungfori on instagram he gonna get you in the right direction he helped me feed my family off this shit, fuck the system!
soundcloud.app.goo.gl/4kAsr8QaZyWmqU8GA y’all get in the comments and tell Shawn cotton I’m up next and I’m trying work with Him and his team 423-258-0843
Leasing is the way to go, if your the type of person that likes to stay up to date on your vehicles. Leasing is the absolute best way to go that’s why it’s important to build credit !
@@hovaallen8006 yes just like financing a car when it comes to that . It’s harder to get a lease then it is to receive a loan. Depending on the dealership and the lenders they use. They usually require you to have a 730 plus credit score for a lease , depending on your income.
@@piglo318 first take a look at all the unsettle debit you have and start paying off your debt . After you take care that debt get you à self loan and pay it on time or before time. After that get you a secured credit card and work your way to a unsecured credit card.
@@SauceCTC yo thank you so much for your reply first off I see you made that comment 2 years ago. And okay I was leaning towards paying off debt first but I also figured I could get the secured right now too. But if you suggest to pay off my debt first (I have 7500 in debt) then that's it. I highly appreciate you man god bless you
The advice he giving is if you are rich and are buying expensive cars. If you have a regular job that you can lose any day, don’t get monthly payments. Buy a nice car not a lemon for about 2-3k and it’s yours forever plus you can sell it. Don’t lose your job and get your car repoed because you can’t afford the payments anymore and you will have to pay to fix a car that belongs to the dealership that you already pay the payment for. I rather fix a car I own and no one can take it.
@@bigpimping15 besides most ppl that got a lease are getting them from a dealership that gets them from the auction for 1k and lease them out for 300/month for 36 months
Cash is King 👑 Doesn’t mean you will buy every vehicle brand new, but cash creates negotiations only cash can create. Both 💵 and credit are tools to be utilized for purchasing power....pick yours ..and master it. I prefer to own whatever I’m driving...but having good credit can generate astronomically way more purchasing power then having cash on hand ever could when it comes to buying a property. At the end of the day we should strive for #Ownership
I honestly think it's from the slave days we had ntn and if you dnt own it it can be taken from you. Alot of us seen our families cars reposed or evicted because they didnt own it.
This is why its good to get cars from the auction . once you plugged in at the auction people perceive you paid full price but all along you only paid a fraction :) #FreeGame
Leasing is can be still considered throwing money away. I’ll drive a cheap used car to work and for errands. Have a nice car for going out. A truck or van for getting things for the house. 3 cars minimum
@@Good_Luck11 everyone has something they throw money away at . If you're making $15k a month with a $700 car payment . You can AFFORD to do whatever you want .
@@mikelg1999 but it's pretty dumb to do that & pay interest... If you could afford it you'd buy it in cash. No need for giving the bank more than what its worth over a period of time.
If y’all catch his drift y’all would know the full story on what he is trying to tell y’all. “Cpn all primaries no AU’s , ima put this shit in great use” - money man “flower pots”
soundcloud.app.goo.gl/4kAsr8QaZyWmqU8GA y’all get in the comments and tell Shawn cotton I’m up next and I’m trying work with Him and his team 423-258-0843
Makes more sense to buy a reliable car for 5k or less, and stack up without a car payment, less stress. And fuck what people think, they don’t know what your bank account looks like, so who cares
@Eimpress Mie because you don’t have the monthly payment. You can then take the money and do other things with it such as save or invest it. Once we understand daily interest calculations the game changes fr. A lot of us think we understand interest but don’t know how much our debt is costing us every single day we wake up. but that’s just my opinion
@Eimpress Mie I hear you but In my opinion what you are saying is out of context. You shouldn’t want to make payments on something that’s losing value. A car is a means of transportation. We all have transportation expenses for the most part. The person who owns the car doesn’t have the same amount of expenses as the person who has a note or leases a car. Your argument would hold more water if you were saying you’d rather buy a bike instead of a car. But you are suggesting you’d rather rent a car instead of owning a car with no payments. To each it’s own but that doesn’t make sense to me esp if you are constantly trading the car every 2-3 years for a different car lol
@Eimpress Mie I’m more of a Dave Ramsey guy and what you are saying is more of Robert kiyosaki approach. I don’t think either is necessarily wrong, as long as you understand what you are doing. I just think, for the average person, eliminating the payments of debt, including car leases gives a sense of financial freedom that payments on rental vehicles can’t give you. I’m not attacking your logic I’m just on the other side of the coin that’s all
@Eimpress Mie as you see, I am familiar with both. I don’t 100 percent agree with Dave at all. ESP when it comes to investing. So I understand you. Dave is good with addressing behavioral spending issues and financial peace when it comes to not being slave to the lender and eliminating minimal payments Robert is for those who are ok with risk and do so in an intelligent manner. Its all about finding balance. Although I’m more of a Dave Ramsey fan as far as his ideology behind debt, the first financial book I read was rich dad poor dad. It’s really all about understanding how you are with risk because you can win either way as long as you are educated on the subject manner, have a plan, and be consistent with implementing that plan.
@Eimpress Mie there are wealthy people who walk both sides of the isle lol. Just because someone is more frugal than the other doesn’t mean that they aren’t living their best life. Like I said in a previous comment, it’s about understanding your risk tolerance and mindset around debt. And like I said it’s nothing wrong with your train of thought because it’s working for you but let’s not act like someone’s life is better than the others based on the financial advice they choose to follow lol
When I was broke I worried more about owning everything because I didn’t have confidence in myself that I would be able to generate consistent income in the future so I didn’t want to lease or finance because I was terrified of having something repossessed from me but now that I’m older and more stable i don’t fear stuff like that you either go hard or go home I’m a grown ass man I don’t need no safety net I find it funny how people look down on people who lease or finance when really the people who buy cars cash are the brokest they know they don’t get money consistently they just lucked up or saved up and they want to own something that they wouldn’t be able to get back if they run out of bread
That is one way to look at it because if you got confidence you won’t be scared that you won’t be able to pay but with me i don’t like anybody owning anything I have and I have to follow their rules. If I’m paying payments on a car and it breaks down, I have to pay to get it fixed and pay my payment for that month so the dealership really got over and they get their cars from the auction for very cheap and charge 3x the price all together. I rather get it from the same place they get it.
@@BIGMONEYMEDIA yes but that’s the whole point of leasing/financing so that you get to have the car when it’s new and working good before things start to go bad you will return it and get a new model. I’m not saying it’s impossible but you must be really unlucky if your 2018,2019,2020 car breaks down!
Is easier to pay a minimum bill than spend 5-10k on cash car. Most people seek ASSISTANCE or a LOAN because they're the ones broke at that moment buying something they can't afford
@@detroitlions3113 more like 2-3k if you know what you’re doing which is worth it for a car that is all yours and you can sell it anytime you want to. A payment is another bill added to the bills you already got every month and most ppl can’t afford the payments that’s why it’s a lot of repoes
If you are not a millionaire, buying a brand new car is a waste whether you’re leasing or paying full price in cash. Soon as you drive the car off the lot it depreciates in value. The average car payments in America is around 500 a month. If you took 500 bucks and invested it every month for over a 30 year period into mutual funds and Roth IRAs. That’s between 4 or 5 million dollars with a good annual returns. A lot of people just out to impress other people with things they can’t afford.
However, it is fiscally foolish to purchase depreciating assets like multiple cars, diamonds, high end clothes. If you make you payments on your leased car, it won’t be taken. And when the new one comes Out, you lease that too. And the “owner” is stuck with an older car
@@GBullockNC my take on it is if you buy a car out right (nothing over 5 digits) it gives you room to build more assets instead of having another expense, that year you put in could've bought you a car you own forever
@@Bamm1408 why would you own a car forever? The break down after the 10 year mark. Mercedes have suspension issues, bmw has electrical issues, some manufacturers have mechanical issues. Only cars worth owning are Honda’s, Toyota’s, and Nissans because they last 25 years and are cheap to maintain. You’re not supposed to own a luxury car unless it’s a collectible that you rarely even drive like the old Porsche’s. Luxury cars are meant to lease for 1-3 years and then get the newer model.
soundcloud.app.goo.gl/4kAsr8QaZyWmqU8GA y’all get in the comments and tell Shawn cotton I’m up next and I’m trying work with Him and his team 423-258-0843
It’s cool to lease when it makes sense . If you can get your hands on some cars , you can resell them for a profit or atleast get your money back. These rappers can get a hold of these cars
Let me put this in perspective for you. His advice applies to rich people not the average person or middle class. For the average person or middle class... Here is the game: 1. Never lease a car. It's a bad money move. The goal is to move toward debt free 2. If possible, save your money and pay cash for your car. Goal: invest what you would be paying on a car note into S&P 500 index fund 3. Stop trying to look rich. Designer clothes are a waste of money. They make others rich and you poorer. 4. Increase your skill sets (knowledge is power but it's also money)
He was dirt poor and got rich. You over here trying to lower people’s confidence to go and get money. Saving money when inflation is steadily increasing, higher taxes etc., Only thing you said right was increasing skills to get more money and live life how you want. We got one life, nobody got time to live in fear.
@@302ec thats old school.. you can make money faster than doing that. Boomers want us to invest our money and hope it make us a mil by the time we’re 65. Even though, inflation and taxes going to mess it up. When I can hustle smarter and get that in 5 years max. I mean, if you’re situation is smashed up then I guess make slow money. But if you’re young with no ties, hustle smarter.
I would advise everyone to get on with navy federal them folks turnt me up with 12k I started a trucking business immediately and kept the rest of my stash
@@dcole302 I had a 900 dollar secured credit line with them and a 3k pledge loan I never missed a payment. They gave me the 900 back and gave me and American Express with 8500 and a regular navy fed visa for 2k ... I bought a day cab and built a fence around 1 of my property's with it
Bill Gates style 💯💯.. Living within your means why JEWISH people be owning 1 car and it be old as hell... billionaire mindset.. OWNERSHIP.. no long term renting "LEASING"
Bought myself a lil 90s whip 90k miles from an old white couple for 1 grand, they thought something was wrong with the engine just needed to be driven a little. This bitch gonna last me like 3 more years 😂😂 before this my dumbass spent 20k on a new car just for it to break down... mane did I learn my lesson Now ima just save up get myself a classic or some fly shit fuck these new cars
I disagree with this. The advice Money Man is giving giving is only for the one percent population. Not the regular folks barley making 50k a year. It’s all about context. If you work a 9 - 5 and don’t have any savings(like most people in the comments) why would that person be advised to “lease” or “finance” anything? It’s not smart and the way jobs fire people these days it’s not safe.
leasing a car is way smarter then dropping straight cash on it for it to immidiately deappreciate. It also will build your credit, will save you money in the long run (yes it will save you money). I think the whole "bought it in cash" is just a flex for ppl who think they have money. Just shows that they're not smart with it. Its good to buy a car in cash if you dont want any payments, if you have your head focused somewhere else that needs cash.
NO IT'S NOT... leasing a car is just long term renting..... stop taking wealth advisement from rappers... FINANCING is the war to go..... You can do it on credit and you still own it.... LEASING IS TERRIBLE.. dont listen to these scam rappers
@@HADESNYC Financing is the reason Tyler Perry and others became millionaires & billionaires. Walmart, Amazon, and other corporations use financing to build wealth (business credit/other people’s money). You can use business credit to create wealth for your family. Also a lot of business owners that I know, lease their vehicles.
I rather own the vehicle than finance tht way u can do what u want with insurance. Where as “finance” a vehicle u need to maintain full coverage . In some situations (emergency) I think finance a car can be a smart move . As long as you don’t get something that’s way beyond your means n the monthly payment/interest won’t hurt u
It’s good to finance a car as a younger person to build up credit. Also, “financing” is also purchasing. Just with monthly payments and an APR interest rate instead of buying outright. But LEASING for someone like an entertainer who doesn’t necessarily need a day to day car for work is smarter. That way they can switch it out. Imagine being stuck with an Aventador right now. Expensive car that everyone is already done giving a fuck about
Haha no it’s not dummy, if you can get your interest rate low enough on a loan for 3% and and keep the cash to go back and use that same cash to invest and make 15% you are actually making 12% more on your money by financing the car with a bank and then keeping your cash to work and make more money dummy
@@Noname23489 true but remember what happened around id say '07-'09 many people who were buying on credit before the recession found out how broke they were houses foreclosed furniture, cars, etc repossessed even the banks where struggling to keep their heads above water I agree that buying on credit is good to get your money up but we always gotta be mindful on what could happen tmro buying with cash is the safe route (kinda like investing in gold since the roi wont be crazy high or crazy low its constant) While using credit the smart way has its risk's still
@@isthatdave55 that only happened because banks were giving out adjustable rate mortgages, which means it was 3-4% first few years and then they charged 10% for rest of the life of loan that was predatory lending upon fools who didn’t read the fine print of their contracts. If you borrow money at a rate that is not adjustable and you don’t overextend your leverage (meaning that you have enough cash to pay it off in case of emergency you are better borrowing so that you can keep your cash to make more cash
@@isthatdave55 My mentors have taught me that being liquid is more valuable than anything. Why buy a luxury vehicle cash when you can lease and have the allocated funds circulating in investment opportunities?
Kushie Sunoco is picking up a lot of traction In Albany NY with his latest single without me 2 and never changed Kushie Sunoco- without me 2 Kushie Sunoco- never changed
You can still use credit to purchase a vehicle. It’s called a loan. Leasing is renting. The only benefit it provides is being able to ‘pull up in the latest whip’ consistently. But if your cash-flow ever slows down, and you can’t pay that bill, you might regret not having bought the car outright.
That’s exactly why I tell myself i will only lease if I have what the car is worth if I cashed out or have the whole lease amount 3 yr term in the bank as liquid cash, example: my ram cost 50k I’m leasing for 480 per month for 36 months that’s 17,3. I either have to have 50 in the bank or the minimum 20k in the bank, the 20 being just for the truck nothing else. I choose to reassure myself that I can afford it even in troubled times so I won’t fuck my credit up. Basically I won’t lease or finance shit unless I have the ability to cash out but I rather lease for 20k over 3 yrs then invest with the rest.
It's not dumb to cash all the way out if that cash out isnt going to affect you big time.. why finance something like a phone or car if you don't have too? Why put yourself on a payment plan and make a consistent payment to the next person to keep them rich?..not I..no dumb debt over here..if you go into debt for a profit generating item..then do it..but everything else..naw.. I have leased a car before no cap..and you pay taxes and not little interest so more of a win than financing.
You have to keep in mind we are listening to a rapper which means he have a business (either self employed or he conduct his business through a LLC) and I’m sure his accountant find ways to write it off because he is using the vehicle for “business purposes.” If you have a business sometimes it does not make sense to cash out, it may be better to finance to continue to build business credit to extend your wealth (assets).
@@msbeautyboss3784 I see where you're coming from and with an abundance of money you can easily continue to make payments and increase wealth..my way of thinking is just that cashing out does not mean you're tryin to flex or show you have lots of money because if you ask a person why is he or she financing to stay in the latest vehicle..they more than likely cannot give you an objective answer..and I just look at it as in you're(not you..but just in general) financing/leasing as a Flex to stay in the latest to have something to show off to people you don't like or know.
@@KompSavage yes sir..we 🙋🏾♂️🙋🏾♀️ gotta stay on top of eachother to keep us in the game..no hate just drop knowledge on one another but yeah..I'm not making no finance/lease payments to flex for someone I dont like or for someone I dont know..but to each is own..
This mindset is the reason WE as a culture don’t have any Money for emergencies or for burring our love ones if need be...Biblically GOD says that whoever we owe money to... we are a Slave to that thing Until it’s debts are paid...We are to have More money coming in than going out... it’s okay to splurge every now and then on some things, but that AFTER your debt FREE... We gotta do better.... It’s not all about flossing for ppl who DONT MATTER... Stop worrying about what ppl think... Care about what U want and think... Get a business, buy a home, save up for your children and descendants...Let this soak in and Think about it!
If you got a llc and your biz is making money, you lose money buying expensive cars cash. Straight up. Like he said, if you want to ride in the latest, lease is the way to go.
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
Look y'all, the problem with car payments is that in MOST cases, they're gonna be a significant portion of your monthly income, making it impossible for you to save, invest, etc. If you only making like 1500-2000/month and you got a $500 car payment (average in america is $550), you are really fuckin up. After that payment, rent, food. You're literally broke. What he's saying makes sense, just make sure it makes sense for YOU. know your budget.
Can you help me out. I’m kinda confused in the situation I’m in and not sure the best move. I can be successful either way it goes but... I’m making about 2k month with low expenses besides my $500 car payment. I went to a “bad credit” place with “in house financing” last year when I turned 21 and needed a car fast. I had good credit but not enough history or enough income I guess to go to a dealership. Since then I’ve been making the payments and still been able to stack some money but should I try to get a lower insurance payment or just pay the car off faster? I’m thinking I could use the extra money as “leverage” but not sure what to do
@@TheRealChrisBeard how much do you owe on the car? You should probably pay it off as quick as you can, especially if your expenses are low. Once you free up that $500 you're really gonna notice a major difference in your monthly budget...then that $500 you're paying them, you can pay it to yourself and just stack
"IF YOU CAN'T BUY TEN OF AN ITEM DON'T BUY IT". YOU SHOULD NEVER SPEND CRAZY MONEY ON A LIABILITY SUCH AS A CAR IT HOLDS NO VALUE. AS HE STATED, IF YOUR UP 12 MILLION AT THAT POINT IT DOESN'T MATTER. IT'S CALLED TREATING YOURSELF AT THAT POINT. IF YOU HAVE 1 MILLION AND SPEND $300,00 ON A CAR THAT'S TERRIBLE MONEY MANAGEMENT.
I heard leasing is good because you can stay up to date, but my problem is dont you have to stay under a certain amount of miles ? And after your lease is over you give the car back, so you basically renting it right ?
Bruh I got my credit score up and got a 2020 Camaro bih fresh off the lot. I'll pay monthly and its MINE. Im not keeping up with nobody and i feel like alot of "rappers" might have money but credit score on dick so eh to each his own but credit gonfurther than cash believe that.
So maybe we need to say a lot of us were taught by the people who got taken advantage of by the system. A lot of minority people couldn’t get credit so they learned to work hard and own all their property.
Every car I've ever bought is cash, my audi and beemer were both cash, bought them to flip tho. Why buy something on a lease or whatever and pay all these taxes n shit
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
u know these are the types of things that should have been taught in highschool like how important it is to have good credit and even build good credit but can go on on im ah stop here tho but shawn u need to holla so we can network its alot of talent in saint louis same for u money man lets make some bread together.
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
It's not about finances it's about the interest rate they both right I always buy brand new car 2 years behind on year behind I always finance at a low interest rate
So what about if you got bad credit and you get high interest rates on a 40,000$ car and end up paying up to 60,000 wouldn’t it be better just to pay it all at 1 time then prolonging and making payments
If you have the liquid cash then yes. Cash is King. But you could also consider financing a cheaper car over a shorter period (for example 48 months instead of 60 months) to pay it off and help that credit score. Bad credit limits your options so it’s best to try to get out of that.
@@ede.5487 like I’m just tryna see some cause in the other video he said he bought his way out his deal witch it’s basically like a loan and you paying it back with interest is not a good investment
@@odellbeckham7907 him buying himself out the deal was a great investment. He spent double what they thought he was worth which proves his capability to generate disposable income. If someone needs a car with that situation I’d recommend they finance a cheaper vehicle simultaneously using the money they saved from paying full price on a car to make and deliver homemade food to night shift workers
Always pay cash for cars leasing is dumb.. And having more than one car is dumb.. People are showing off for other people that don't even care about them
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
Not even trying to be funny but can someone explain the benefits of leasing? Some cars arent worth the price along with the percentage rate by the time u finish paying it off it's not even worth the amount you paid for it
@@goodmusiconly1270 but then your stuck always making payments. Do you have to own the vehicle a certain amount of time before you switch it out? What about to cost of loaning money? You pay more financing it then straight out buying it. And yo credit gotta be solid
Leasing is not a bad option, especially if you can lease at 0% interest and pay 1/2 of the car off by the time the lease is up. Then... Flip it into a finance situation which will decrease your monthly payments by a significant amount... Then, you can choose to keep or sell the car and make $$$ off of it!!! #facts
On telegram there’s a guy @Doejon5 he does credit repair paid him only $100 he pushed my credit up 150 points in 2 months legally he explains what he does and he actually did a great job it’s worth a try to see if he can help others also
The claim that rich people leverage (i.e. use credit) on everything is completely false. You DON'T finance/leverage depreciating assets. I repeat...YOU DO NOT FINANCE DEPRECIATING ASSETS!!!! This includes cars, trucks, boats, tractors, etc. Rich people finance/leverage assets that produce income. This includes rental real estate, stocks (if possible), precious metals, oil wells, etc. These are assets that actually produce income. Whenever you finance a car, you are losing twice. 1) you are losing on the depreciation and 2), you are losing on the interest. The fact that the comments are "applauding" this advice is scary.
