4.8 • 824 Ratings
🗓️ 31 March 2025
⏱️ 16 minutes
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0:00.0 | Hey, this is Daniel. Thanks for listening to DIY Money. |
0:04.1 | If you haven't already, be sure to give us a five-star review on iTunes so your friends know that they can learn from the show. |
0:10.5 | Now, enjoy the show. |
0:15.3 | Welcome back. Ladies and gentlemen, you're listening to another edition of DIY Money. |
0:19.4 | DIY Money. |
0:20.3 | What's up, Logan? |
0:21.4 | Not much. I think we should kind of circle back around, Quint, on one of our recent podcast that we did where we were talking about stopping, because now the car loans that are outstanding are at all-time highs. |
0:35.9 | Oh, that was titled Stop. |
0:38.3 | Yes, exactly. |
0:38.9 | Yes, yes. |
0:39.8 | We have new data that is telling us that, yes, the concern of 90-day delinquencies of auto loans is now not just in sort of dangerous territory, but it is at all-time highs. |
0:56.0 | And I think what's the most concerning is we're just starting to see an uptick in the unemployment numbers. So yeah, I would definitely, |
1:02.8 | if you're new to this podcast or somebody has shared this podcast with you and you didn't listen |
1:06.7 | to that one that we just did a few weeks ago to sort of get you back in alignment of being |
1:12.4 | responsible with your finances, now's the time. I mean, there just, it's no question in my opinion. |
1:18.2 | And listen, this is not like forecasting some doom and gloom. We have no idea what could happen. |
1:24.3 | Typically, these things move like a snail's pace. They don't move, you know, unless |
1:28.1 | there's a catalyst, they don't move in a, you know, an expedited pace. But it's very important |
1:33.9 | when you see that the sort of tide starting to turn to just do some self-reflection and make |
1:39.1 | sure you're in a good position. But yeah, the data that we continue to see coming down the pike |
1:43.9 | is not promising. |
1:45.2 | Yeah, no, I think you just need to be careful out there. You need to watch, make sure you don't |
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