Max Anderson's Mind's video: I Wrote a RAP about DEBT
@I Wrote a RAP about DEBT
In this video, I perform my rap about debt and then talk about a couple of the worst forms of debt people become enslaved by. Avoid these two forms of debt and you're future self will love you!
Everything in this video is an opinion, obviously. Do your own research and make sure your money moves are in line with your own heart.
DISCLAIMER:
I am neither a CPA, financial advisor, nor attorney. The information in this video is for entertainment purposes only. Any mention of particular investments or strategies should not be construed as advice or recommendation. If you need advice, please seek the help of a professional.
BEAT FOR D.E.B.T. RAP CREDIT:
Beat Provided By https://freebeats.io
Produced By White Hot
LYRICS FOR D.E.B.T.
Jack is 21. Always on the run.
Young, dumb, full a some fun concoction.
A job, he’s got one. It’s cushy as cotton.
And he flexes harder than all his friends
With the best car on the block son.
But hey, the car is only 6 hundred a month.
So, there’s plenty left for essentials like rent, food, ‘n fun.
He went through a ton to get to where he is.
But the way he’s livin’ makes it perilous.
One bad accident. One mistake.
One wrong move in a twist of fate
Can put Jack on the street with nothing left
Except stress and regret cause he’s in debt.
D.E.B.T
If you have the bad form then you ain’t free.
It’s a ball and chain, a strain on the brain.
Remain free, avoid D.E.B.T.
Jill works hard paying down student loans.
Can’t afford Coachella or the newest phone.
So, she got a credit card. Limit 10 grand.
Now she can buy whatever like all her friends can.
She aced all her exams, spent sleepless nights
So, why not get the shoes and the dress that’s crimson?
She’s been sayin’ she needs to treat herself
Go out on a limb man, so this weekend
She became a spending Super Sayan.
Bottles and bottles, punchin' throttles with models.
No regrets, right? Yeah, YOLO’s the motto.
What she did in 3 hours is quite astounding.
When the weekend was done, she spent over 9,000.
X2
D.E.B.T
If you have the bad form then you ain’t free.
It’s a ball and chain, a strain on the brain.
Remain free, avoid D.E.B.T.
Sources:
https://www.lendingtree.com/auto/debt-statistics/
https://www.caranddriver.com/features/g34908888/10-cheapest-new-cars-for-2021/
https://www.edmunds.com/chevrolet/spark/2020/cost-to-own/
https://www.census.gov/quickfacts/fact/table/US/SEX255219
https://www.statista.com/chart/16520/the-number-of-car-loan-accounts-in-the-us-by-year/ #:~:text=44%20percent%20of%20Americans%20rely,9.28%20percent%20of%20U.S.%20debt.
https://www.valuepenguin.com/average-credit-card-debt #:~:text=American%20Credit%20Card%20Debt%20Statistics%20%26%20Key%20Findings&text=41.2%25%20of%20all%20households%20carry,%2410%2C308%20in%20credit%20card%20debt.
https://www.calcxml.com/calculators/pay-off-loan?skn=
https://time.com/nextadvisor/banking/savings/us-saving-rate-soaring/
Max Anderson's Mind's video: I Wrote a RAP about DEBT
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