The $250,000 Lamborghini Question: A Lesson in Spending Wisely from Silicon Valley
Weigh luxury versus financial responsibility: A $250,000 Lamborghini Huracán intrigues a wealthy buyer, prompting a deeper financial analysis. Adopt Dave Ramsey’s rule: Keep total vehicle value below 50% of annual income—this purchase surpasses the suggested limit. Apply the “Burn the Money” Test: Can you afford to “lose” the car’s value without impacting your financial stability? … Read more