Consumerism Chaos: Car Prices, Fast Food Inflation, and Tipping Culture | MHFI 232
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Doug and Carl chat about various aspects of consumerism including recent trends, rising costs, and the evolving culture of tipping.  They discuss the rising cost of vehicle prices & financing, increasing cost of car insurance, the future of autonomous cars, and compare fast food & grocery costs over the last decade.  They also delve into the confusing culture of tipping to debate proper etiquette and question when & how much to tip.

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Links

Tony Seba)

KBB, “When Will New Car Prices Drop?”)

• LendingTree, “Average Car Payment and Auto Loan Statistics 2024”)

• Statista, “Share of used and new vehicles with financing in the United States from 2017 to 2023”)

• Bankrate, “The true cost of auto insurance in 2024”)

• FinanceBuzz, “Is Fast Food Affordable Anymore? Here’s How Menu Prices Have Changed Over the Years [2024]”)

Pete Adeney/Mr. Money Mustache)

Brad Barrett/ChooseFI)

• Mile High FI Facebook Group)

• Doug’s site)

• Carl’s blog: 1500 Days)

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Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.

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1500 Days, Carl’s Blog about Early Retirement)

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0:00 Introduction

2:35 Car prices & payments

8:07 The future of autonomous cars

12:46 Increasing cost of car insurance

17:04 Rising fast food costs

23:38 Impact of inflation on food & grocery purchases

26:45 Tipping culture: confusion & controversy

31:21 Expansion of tipping into more & more locations

39:28 Soundcheck – Mini fitness updates