One of the biggest financial issues facing this and other countries is people are conditioned to base affordability on the monthly payment. From cars and homes

One of the biggest financial issues facing this and other countries is people are conditioned to base affordability on the monthly payment. From cars and homes to every day subscription type services like Netflix to your cell bill. Salesmen, well auto sales, are trained on the four square method to get you to buy. You could attribute the mortgage crisis a decade back as falling into this situation. The barrier to buying a home used to be the down payment but creative financing is what got a lot of people in over their heads. It all about that cost per month. Now people who over reach tend to forget all the other costs that come with auto and home ownership, namely insurance but owning a home has long term costs too. https://www.consumerreports.org/consumerist/dealerships-rip-you-off-with-the-four-square-heres-how-to-beat-it/ https://www.consumerreports.org/consumerist/dealerships-rip-...