When most people buy a car, they take on a substantial car payment. But how long does the high of having a nice new ride really last? Today, Paul discusses why government intervention in making cars easier to buy has historically led to chaotic markets and other economic issues. Listen along as Paul explains why it’s difficult to really meaningfully change your level of happiness through things like new car purchases and how you can start to chart a course forward where the things in your life support your sense of purpose, instead of you spending your time and money working off things that don’t bring you joy. Later in the episode, Paul addresses a listener who is curious about when you should start building up assets in a non-qualified account instead of a pre-tax account.
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This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
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