Quote Originally Posted by Scott F View Post
This right here is the absolute truth. I think the amount of people in debt over bass boats they can barely afford far outweighs the amount of millionaires.

I have a friend that sells boats, he says he isn't a financial advisor, he is a boat seller. When someone walks in and wants a boat and they qualify for the loan, he sells it to them. He grits his teeth when they agree to that 240 months at 9% and he knows it's a terrible financial decision but his job is not to tell them how to spend or save their money.
If people made smart financial decisions all the time we wouldn't have jobs . At the same time it is a fun thing for families. It's definitely an emotional purchase. But you see people do some strange things for sure.