JohnLA762 said:

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I refuse to believe this is real. People cannot be THIS dumb, can they?!?

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Have you not been paying attention over the last several years???

Yes, people are ABSOLUTELY this dumb. And even dumber!

beerad12man said:

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Old McDonald said:

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you'd be amazed/horrified by how many americans are this financially illiterate, or worse

it's why car dealerships pitch customers on monthly payments before sticker price

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The majority of them that was this financially illiterate are liberals. It's a big part of the reason they vote blue. They don't know any better.

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financial illiteracy transcends political boundaries. this guy is especially egregious, but for every white collar dork crippled by a worthless degree and student loans there's a GED guy paying off an F-150 worth more than his annual income.

Pluralizes Everythings said:

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Old McDonald said:

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you'd be amazed/horrified by how many americans are this financially illiterate, or worse

it's why car dealerships pitch customers on monthly payments before sticker price

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Lol there's our resident leftist come to tell us how bad Americans are, or bash the country we live in.

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am I wrong?

Quote:

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it's why car dealerships pitch customers on monthly payments before sticker price

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Ran into this about 30 years ago when I was shopping for a new truck. Found one I really liked and asked the salesman for the price, he went inside then came back out and told me what the payments would be. We did this same thing 2 more times. The 2nd and 3rd time I was very specific that I wanted the Sales Price not a payment. I also told him I would finance with my bank directly. Still all I got quoted was a slightly lessor payment. Unbelievable.

I turned around and walked out and flipped him the finger over my shoulder. Bought a truck somewhere else a couple of days later.

Dude needs a new lease.
















On life.

Prosperdick said:

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Dude needs a new lease.















On life.

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YEAHHHHHHHHHHHHHHHHHHHH

You need to have an IQ of about 100 just to live - to figure out insurance, tax, car rego, bank accounts, retirement funds, rent, bills etc. The low IQ live in a baffling hell of piled up reminder letters, confusing forms and forgotten passwords.
The IQ needed to live is rising https://t.co/dpbrG0bxsX

— Nikolai the Cosmonaut (@nikocosmonaut) April 24, 2023

The world has gotten way more complex over the past 30 years or so, and companies have gotten much better at separating people from their money via that complexity.

There are lots of Americans who simply don't have the IQ or time preference skills to manage properly. It's one reason we are declining as a country.

Went through something similar with a sales guy. Kept making him jump through hoops and make a bunch of concessions to get my payment lowered to what I could "afford." Then I dropped the fact I was making a down payment on him that dropped me well below what I could "afford." End result was I got the total sales price I wanted while he was chasing a monthly number I had no intention of paying.

EclipseAg said:

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You need to have an IQ of about 100 just to live - to figure out insurance, tax, car rego, bank accounts, retirement funds, rent, bills etc. The low IQ live in a baffling hell of piled up reminder letters, confusing forms and forgotten passwords.
The IQ needed to live is rising https://t.co/dpbrG0bxsX

— Nikolai the Cosmonaut (@nikocosmonaut) April 24, 2023

The world has gotten way more complex over the past 30 years or so, and companies have gotten much better at separating people from their money via that complexity.

There are lots of Americans who simply don't have the IQ or time preference skills to manage properly. It's one reason we are declining as a country.

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There is a lot of truth to this.

Buying on Amazon is a great microcosm of this. Not only do you need to understand the product you want to buy and what you need, you need to look at reviews to make a comparison, you need to validate the legit of the reviews, and you need to validate the legitimacy of the seller.

Email is the same way. You have to suspect everything. We have been making a lot of security changes and updates recently, including some changes to our email filtering. I got a very, very realistic looking email from a legit email security company from what looked like a legit address saying my organization had partnered with them as a new filtering service and my account needed to be set up. There were no misspellings or the normal dead giveaways anywhere. I was suspicious because I deal with the IT team a lot and we're in the same weekly update meetings, and I didn't specifically remember the name. Turns out it was a phishing email, but it was SO GOOD I almost fell for it. With internal announcements about updates and changes and that coming through from a legit looking email, I wouldn't be sucked if someone less sophisticated from Ops followed through with it.

It's getting to a point where it is incredibly difficult to distinguish between things that are legitimate and deceptive attacks.

On top of that companies have gotten really good at structuring contracts, payments, etc in deceptive or innocuous ways in order to take advantage of complacency or human heuristics. Micro transactions in games are a perfect example. Instead of selling a game, they offer micro transactions of a dollar or two here and there that quickly add up because we pay far less attention to the aggregate of smaller transactions than singular large transactions. No one really thinks twice about dropping a dollar every now and then, but it adds up.

JohnLA762 said:

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This isn't even a financial literacy argument. It's called an auto LEASE FFS. What moron doesn't know what the word lease means?!?

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Oh, trust me, I completely agree.

But you also have cases of where words have meanings that have been purposefully bent or changed to ensure advantage to one side or the other. Look at the Rent-A-Center commercials or the ones with Mr. T - "lease to own" is a pretty commonly seen phrase. I see it with houses as well at times as well.

People are stupid for the most part it seems. And stupid should hurt because historically people learn from pain. We bubble wrap too many these days though and there isn't much of a bruise from the hits anymore like there used to be, and it shows.

Old McDonald said:

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Pluralizes Everythings said:

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Old McDonald said:

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you'd be amazed/horrified by how many americans are this financially illiterate, or worse

it's why car dealerships pitch customers on monthly payments before sticker price

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Lol there's our resident leftist come to tell us how bad Americans are, or bash the country we live in.

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am I wrong?

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Yes, only a lib would make this mistake. That 's the point of the thread.

why does he sound so feminine?

ABATTBQ11 said:

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Went through something similar with a sales guy. Kept making him jump through hoops and make a bunch of concessions to get my payment lowered to what I could "afford." Then I dropped the fact I was making a down payment on him that dropped me well below what I could "afford." End result was I got the total sales price I wanted while he was chasing a monthly number I had no intention of paying.

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Did he ask you first "how much do you owe on your trade?" Love that opener when I was suv hunting a few years ago.

ABATTBQ11 said:

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Went through something similar with a sales guy. Kept making him jump through hoops and make a bunch of concessions to get my payment lowered to what I could "afford." Then I dropped the fact I was making a down payment on him that dropped me well below what I could "afford." End result was I got the total sales price I wanted while he was chasing a monthly number I had no intention of paying.

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The trick is to get the longest loan with the highest interest which is likely matched with the lowest sales price.

Then pay it off immediately after the contract is signed.

What's this guy going to do when he realizes he's not "buying" the apartment he's been renting the last several years?

Say you had great parents while showing me you had idiot or no parents.

1872walker said:

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pic.twitter.com/HorEWOhqrF

— Clown World ™ 🤡 (@ClownWorld_) April 24, 2023

Morons. Everywhere.

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Presenting your typical college "educated" Democratic voter.

And they will continue to vote Democratic for stupid is as stupid does.

EclipseAg said:

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You need to have an IQ of about 100 just to live - to figure out insurance, tax, car rego, bank accounts, retirement funds, rent, bills etc. The low IQ live in a baffling hell of piled up reminder letters, confusing forms and forgotten passwords.
The IQ needed to live is rising https://t.co/dpbrG0bxsX

— Nikolai the Cosmonaut (@nikocosmonaut) April 24, 2023

The world has gotten way more complex over the past 30 years or so, and companies have gotten much better at separating people from their money via that complexity.

There are lots of Americans who simply don't have the IQ or time preference skills to manage properly. It's one reason we are declining as a country.

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And the country's IQ has been dropping fast, especially in the last 30 years.

texsn95 said:

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ABATTBQ11 said:

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Went through something similar with a sales guy. Kept making him jump through hoops and make a bunch of concessions to get my payment lowered to what I could "afford." Then I dropped the fact I was making a down payment on him that dropped me well below what I could "afford." End result was I got the total sales price I wanted while he was chasing a monthly number I had no intention of paying.

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Did he ask you first "how much do you owe on your trade?" Love that opener when I was suv hunting a few years ago.

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No, he saw the beater I drive up in.

Bet he drives a Miata

Maroon Dawn said:

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Someone makes a bad decision

Republicans: The good news is you'll probably never make this dumb mistake again

Dems: We'll steal from folks who don't make bad decisions to shield you from the consequences of this bad choice and we'll do it over and over and over so you never have to learn and can keep making these bad decisions forever as long as you keep voting for us!

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That's the truth. And it's painful.

AJ02 said:

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What's this guy going to do when he realizes he's not "buying" the apartment he's been renting the last several years?

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Not a problem because he is living with Mom and Dad.

Maroon Dawn said:

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Someone makes a bad decision

Republicans: The good news is you'll probably never make this dumb mistake again

Dems: We'll steal from folks who don't make bad decisions to shield you from the consequences of this bad choice and we'll do it over and over and over so you never have to learn and can keep making these bad decisions forever as long as you keep voting for us!

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Truth spoken.

MouthBQ98 said:

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Shouldn't have gone for the BMW I guess…

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One of my family members is an ex-con and he leases Mercedes all day every day.

I can almost hear the salesman asking what does that monthly payment need to be?

Wait until the video poster learns about negative equity.