Trader Explains: This is Making You Poor
June 25, 2025

That shiny new car in your driveway? It’s not a flex — it’s a trap.
In this video, I break down why cars are one of the biggest wealth killers most people ignore. From brutal depreciation and hidden loan interest to insurance and maintenance, I’ll show you exactly how your car could be costing you hundreds of thousands over time — and what to do instead.
🚗💸 Learn how the wealthy actually approach car ownership, and walk away with a smart car-buying checklist that can save your future.
Spoiler: Most millionaires drive used Toyotas and Hondas — not $1,200/month liabilities.
💥 Don’t buy a depreciating asset disguised as a status symbol.
📉 Don’t lock your future wealth into a 7-year loan at 7% APR.
💡 Outsmart the system. Beat the trap.