Why paying cash for a car is a bad idea. 

"E92M3" (E46M3) 01/09/2016 at 09:17 • Filed to: None

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Dave Ramsey I’m looking at you! Mr. Benson withdrew $200k following your advice, and didn’t even make it out of the bank parking lot.

http://www.11alive.com/videos/news/lo…

Flavien Vidal > E92M3 01/09/2016 at 09:29

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WTF??? I mean I sort of understand wtf he is saying, but at this level I’m not sure this can be called english....

TractorPillow > E92M3 01/09/2016 at 09:32

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Did I hear right that he said he’s worth 1.3 million?

Walking around with 15% of your net worth doesn’t seem to make sense. Nor does calling 100k “nothing” and that you might throw it all at the strip club. I guess to each their own...

X37.9XXS > E92M3 01/09/2016 at 09:49

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You might want to try this next time, Ace

http://www.nerdwallet.com/blog/banking/h…

boredalways > E92M3 01/09/2016 at 09:50

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make of this what you will

gmporschenut also a fan of hondas > E92M3 01/09/2016 at 10:05

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Either completely stupid or attention whore..... probably both.

jariten1781 > E92M3 01/09/2016 at 10:23

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“I don’t believe in checks”

Haha.

Checks, unicorns, and flying cars. All fake shit.

LOREM IPSUM > jariten1781 01/09/2016 at 11:27

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No racism expressed or implied, but you’d stop beleiving in checks too if that guy walked into your Mercedes dealership and handed you a note for a quarter-mil.

Cash is king.

E92M3 > TractorPillow 01/09/2016 at 11:33

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Indeed he did, but he also said he’s a “multi-millionaire”. Maybe he doesn’t understand to be a multi-millionaire you need at least 2 Million? Or maybe he has money elsewhere.

Advertising you “always tote $100k” is not very smart either.

E92M3 > jariten1781 01/09/2016 at 11:36

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Yet he deposited (or cashed) a check, and immediately withdrew/took the money if I’m following his story correctly?

Manny05x > E92M3 01/09/2016 at 11:57

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No you can't be black and have 200k. Fix it.

Frenchlicker > E92M3 01/09/2016 at 12:16

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When he said multimillionaire I assumed he meant in that account he had $1.3 million. Maybe he is just an idiot.

E92M3 > Frenchlicker 01/09/2016 at 12:17

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I think you’ve nailed it!

Which is encouraging because it proves one doesn’t have to be smart to be a millionaire. Now we get to see how long he keeps that status.

Frenchlicker > E92M3 01/09/2016 at 12:43

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Buying a new Maybach, so I'm assuming not long.

E92M3 > Frenchlicker 01/09/2016 at 12:49

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After listening to his music I think it’s best he save that money, and make it last.

Frenchlicker > E92M3 01/09/2016 at 15:44

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I chose to not Google him. Probably for the best.