Financial Truth: Why Overspending Can Ruin Your Life! 😱

So, people that are taking car leases, people that are buying homes and mortgages and but overextending themselves, people that are buying things that they don't absolutely need, especially ones that are going to have ongoing maintenance costs, you really want to think about what happens if, god forbid, things turn back. What happens if I need to unload this asset? What if this what the bank takes away this asset? What's if my car gets repossessed? um you know cuz there's no guarantee that you're not going to have to go backwards. So, it's best to be very hesitant before you go forward and accelerate your spending.