Waching daily May 29 2017

hey guys Mike here of MKchip super

short video this week because I'm in the

process of editing several other videos

and I got a lot of stuff going on but I

wanted to show you real quick what I got

in the mail today oh the lovely

pre-approval letter

have you guys ever wondered why there

are so many nice brand-new cars on the

road well wonder no more because these

letters are constantly every single

month

I must get at least one or two of them

from different credit unions from

different banks this letter is approving

me for up to $50,000 to buy a brand new

car at a two point three four percent

interest rate so basically anytime I

want I can go gladly put myself in 250

thousand dollars worth the card debt

which is just not a wise thing to do

guys so just because you get a letter

saying you're pre-qualified what it

really means is they're pre-qualified

their pre-qualifying you to get you into

debt and it's really not for your

benefit but it's really mainly for their

benefit so always remember that and that

is why we see so many new brand new car

isms on the road because I don't know if

you've been wondering why there's been

so many brand new cards on the road is

because of letters like this and in my

personal opinion because of this easy

money lending that is why we're seeing a

lot of these cars costing so much

because they said okay well the interest

rates lower so we're just going to

increase the price of our vehicles and

that's one of the debt is one of the

main reasons that the vehicle prices are

increasing on us and why course cost so

much more than they used to it's very

similar in my opinion back play in

2007-2008 with the mortgage crisis when

anybody just who who could fog up a

mirror could get a home loan and go buy

a four or five hundred thousand dollar

home and because of that easy money

the prices of homes just kept going up

and obviously there's other factors

besides that but debt is a huge part of

that and that's what I'm seeing with the

car loans so I just wanted to just

really encourage you guys if you can't

afford to buy a car in cash

I really discourage you from buying one

or just at at least promise me you'll

pay as much down as possible and keep

your your overall pain is very low

because the average car payment in

America today is around $500 a month

believe it or not I couldn't believe it

whew that hurts but I mean if you

seriously if you can't pay if you buy a

new car or at least a used car if you

can't pay it off in less than a year or

two years at the most

please do yourself a favor and don't buy

the car or buy a cheaper vehicle because

it's not worth the damage it's going to

do to your long-term investing strategy

and so your overall monthly budget so

that's so when you get letters like this

you know the best thing to do is its

shred the crap out of it

pria prove that I love y'all I'll see

you guys next week as you guys know the

goal of this channel is really to help

all of you and reach your financial

personal financial goals your career

goals and your life goals so until next

time I love you all if you have not

subscribed please subscribe down below

hit the like button if you like this

short video and I will see you guys next

week until then I hope you use this

information to live your life on page

bye

For more infomation >> What is the Average Car Payment in 2017? [Should I Finance a Car or Buy a Car I Afford?] |MKCHIP - Duration: 3:57.

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For more infomation >> What Is The Meaning Of Word Nabi By Iftikhar ul Hassan Shah Hashmi R.A - Duration: 4:16.

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11 Celebrities Who Proved That Simplicity Is Power - Duration: 5:45.

11 Celebrities Who Proved That Simplicity Is Power

11 Celebrities Who Proved That Simplicity Is Power.

It often seems that celebrities don't understand the life of an ordinary person. Yet there are those who, in spite of unlimited financial possibilities, prefer simplicity, and by that cause our infinite respect and admiration. Bright Side decided to share 11 famous personalities who proved that simplicity is power.

Coco Chanel

Mademoiselle Coco greatly facilitated the life of all the women of the world who had to wear bulky hats with feathers and layered dresses.

She created the famous little black dress and made men's wardrobe elements ultra trendy: jackets, blouses with ties, hats, umbrellas, and cufflinks. She wore all of it herself, showing how luxurious a woman can look in such outfits.

Mark Zuckerberg

The founder of Facebook is very laconic in choosing outfits, so simple gray T-shirts predominate in his wardrobe. As he himself admits, clothes aren't the thing he intends to spend time on. And this is despite the fact the young billionaire's income would allow him to buy hundreds of items of famous brands every day.

Ingvar Kamprad

The founder of IKEA has been promoting simplicity for many years. He buys inexpensive products and clothes in the sales, has used an old Volvo for about 15 years, and chooses to fly in economy class.

His house is furnished with items from his own stores. He's considered to be one of the most modest billionaires in the world.

Boris Johnson

Boris Johnson, former mayor of London and now Minister for Foreign Affairs of Great Britain, chooses the most ordinary bicycle instead of a motorcade to get to his workplace. He considers it an excellent replacement for the car and encourages citizens to follow his example.

Jennifer Garner

This Hollywood beauty has always been simple and tried not to show her huge financial possibilities. Instead, she often visits mass-market stores and purchases products with her children in a perfectly ordinary market, just like a simple American housewife.

Steve Jobs

Despite his fantastic income, the founding father of the Apple empire always adhered to simplicity in everything. He wore only one outfit: jeans, black turtleneck, and white sneakers. He lived in a house at 2101 Waverley Street which certainly cannot be called a mansion.

Tyra Banks

The famous America's Next Top Model ignores chic restaurants and fashionable establishments. She thinks that places like The Cheesecake Factory, where one can find delicious yet inexpensive food, are quite suitable for her.

Russell Crowe

One of America's most in-demand actors refused to live in a gorgeous mansion in Los Angeles and moved with his family to Australia. Crowe bought a ranch and a simple jeep. And now, instead of expensive cars and brand clothes, he's surrounded by horses and spacious fields.

Hayden Christensen

He became famous worldwide in his youth, so by the age of 35 he was tired of the delights of celebrity life. Recently he moved his family to his homeland in Canada and bought a farm there.

Now Hayden is the owner of his own vegetable gardens, a henhouse, and stables. He works the land on a tractor and collects immense crops.

Arnold Schwarzenegger

Schwarzenegger is a world-class celebrity, but he's not boastful at all. In 2004, while relaxing at a seaside resort, he saved a drowning man. The surfer's leg fell asleep, and the actor carried him 100 meters to the shore. He never told journalists about this situation and didn't use it for commercial purposes.

Keanu Reeves

This actor's kindness and humble way of life have long been a reason for creating memes on the Internet. He constantly spends his paychecks on charity, gives gifts to others, wears extremely simple clothes, and travels on the New York subway, increasingly amazing the already surprised public.

Preview photo credit schwarzenegger/instagram.

For more infomation >> 11 Celebrities Who Proved That Simplicity Is Power - Duration: 5:45.

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