r/facepalm Apr 28 '24

🇲​🇮​🇸​🇨​ Some people have zero financial literacy

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u/Philthycollins215 Apr 28 '24 edited Apr 28 '24

This is a common theme I hear with a lot of women I know. They feel like they'll be taken advantage of for not having a man with them. Now that might be somewhat true to a point, but as an adult you're still responsible for doing adequate research and knowing your financial limits before buying a car. You tell them what you're willing to pay and if you can't come to an agreement you leave. It's literally that simple.

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u/Mike312 Apr 29 '24

One of my SOs friends went to a dealership to trade in her old Jeep she didn't need. Somehow, she ended up coming home with a brand new Jeep Compass that she absolutely couldn't afford.

Why? Because they asked her how she was going to get home. And for some reason, calling any of a dozen friends in town, a cab, an Uber, or walking 3mi never occurred to her.

She also claimed they took advantage of her, but, I mean, c'mon.

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u/thenasch Apr 29 '24

She went there to trade in her vehicle, or sell it? Either she was always planning to buy a new car (trade in), or she went there with a plan to get rid of her car and no plan for what to do afterward, which would be... interesting.

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u/Mike312 Apr 29 '24

She went in to sell a vehicle they had sitting around. She already had a vehicle at home, didn't need a second. She was pulling in like $800/mo, and had a $400-something payment. Only reason she had a roof over her head was because she worked part time managing the apartment complex she lived at. I have no idea how they approved her.