Cars

For previous generations, owning a car or was a symbol of freedom. Buying a car said, “I’m ready for this adulthood thing”. Millennials inherited a different world, one of smartphones and social media, entirely new personal transportation options, and a consumer culture that relies on the next best thing. When it comes to cars, millennials have been fashionably late to the ownership party, but when they arrive, they’re buying brand new cars and taking on loans to pay for them. Both are huge mistakes…

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