George Kamel

Do we know?

What happens to a nation when 1.6 trillion in credit card debt turns into 10 trillion in credit card debt?

What happens to individuals and a nation?

I was like, this gets me from A to B. Why do I need to spend all this money when I had a 1997 Cadillac Eldorado Berets?

It's a pretty sweet car.

It was nice, but it had no radio.

It had no AC.

It had no Bluetooth.

So it didn't have the conveniences of...

You know, I had to entertain myself.

No car play.

Oh my goodness.

No flat screen TV in the front there, but it got me wherever I needed to go.

You were secure and you knew you're not trying to impress everyone else.

I wasn't trying to.

And I was like, I'm using this, whatever, $500 or $800 car payment a month that I would be putting into a car payment, plus insurance, plus whatever else, into my investments every month.

That was going automatically into my investment account.

And it was building for my future self to say, thank you.

And I want to look in the mirror at 50 and 60 and be like, look back at my younger self and say, thank you for not spending all that money on that stupid thing that you wouldn't want a couple years later anyways.

Thank you for setting us up for success.