In today’s episode, we uncover why car loans are one of the most dangerous and sneaky wealth killers in the average American’s financial life. We’ll break down how marketing normalizes the idea of car payments, why so many people feel stuck in a cycle of car debt, and practical steps to escape — and stay out of — that cycle for good.

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Our Disclaimers: Faith-Driven Finances is owned and produced by Divine Mercy Radio and this episode is hosted by Ethan Lang, a principal with Launch Wealth. Launch Wealth at the time of this recording is a registered investment advisor primarily registered and offering advisory services in the State of Kansas, virtually across the country, and in other jurisdictions where exempt. Registration does not imply a certain level of skill or training. This show is made for informational purposes only and should not be intended as tax, legal, or investment advice. This information should not be relied upon as the sole factor when making investment decisions. Past performance is no indication of future results, and investment in securities involves significant risk. Launch Wealth does not warrant that the information on this episode will be free from error. For more information on our disclosures, visit http://www.investwithlaunch.com/legal.