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Dec 5, 2019

That’s right, a 7 year auto loan. Why would you ever take out a loan on a car that would last longer than the value of the vehicle? There are thousands of these loans being taken out and Jake and Kirk discuss the ins and outs of these loans, why someone would take one, and Jake’s professional advice on this form of debt. This was a fun one you won’t want to miss!

https://www.wsj.com/articles/the-seven-year-auto-loan-americas-middle-class-cant-afford-their-cars-11569941215?mod=e2fb&fbclid=IwAR0JEaXaXy5hclyb6-D0s2CINr_PCwZyi6pqSgE8GdK7kxo3INBjmlczUGU

Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show!

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Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346