🚙The soldier seeks financial advice on buying a car after saving $20,000 while serving in Korea.
💰The soldier is torn between buying a cheaper car or his dream car, a $23,000 Porsche.
🏦The soldier has an emergency fund and is on step 6 of his financial journey.
🛠️The expert warns about the maintenance costs of a high-end car like a Porsche.
🤑Considering the soldier's income, savings, and emergency fund, the expert advises him to buy the Porsche.
How much money has the soldier saved?
—The soldier has saved $20,000 while serving in Korea.
What are the options the soldier is considering?
—The soldier is torn between buying a cheaper car or his dream car, a $23,000 Porsche.
Is the soldier financially stable?
—Yes, the soldier has an emergency fund and is on step 6 of his financial journey.
What should the soldier consider before buying the Porsche?
—The soldier should be prepared for the high maintenance costs of a Porsche.
What is the expert's advice?
—Considering the soldier's income, savings, and emergency fund, the expert advises him to buy the Porsche.
00:03An Army soldier in Korea seeks financial advice.
00:45The soldier has saved $20,000 while serving in Korea.
01:11The soldier is torn between buying a cheaper car or a $23,000 Porsche.
01:55The expert warns about the maintenance costs of a high-end car.
02:08The expert advises the soldier to buy the Porsche.
