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My dad wants to buy a new car when he still 40k-50k in debt from a previous vehicle purchase. What should he do? : personalfinance

https://old.reddit.com/r/personalfinance/comments/w6u1u7/my_dad_wants_to_buy_a_new_car_when_he_still

My parents took out a loan and bought a jeep back in 2019 and now they don’t drive it because of the gas prices. My dad does Uber for extra money and says that it would be better if he buys a hybrid to save on gas.

Also whenever I bring up budgeting he hits me with the “it’s not that simple” talk

Also

I think you should pay out of pocket for your dad and mom to sit down with a financial planner or an accountant, a well-reviewed one who charges by the hour (avoid salesmen who will try to sell your parents investments and make money on commission).

I brought up talking to a financial advisor but my dad told me “what is he gonna tell me that I don’t know” .I even offered to pay for the session. Today is my last attempt to try and help him. After this I’m not helping

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I work in a moderately large city, live outside of it in a small town / rural community. I know so many guys who just have to have the giant butt brand new trucks, and I'm just like... I know what you do for a living, you can't afford that, your finances must be an absolute shit show. I guess being a man means big butt new truck? Just proving yourself to be a child with how you think about money is what you're doing. There's no "peepee size compensation" or whatever predditors would soyplain about. They're just dumb with money and think it brings their status points up, which it may... with other incomprehensibly dumb people. No different than some 20 year old cooze running up credit cards on cute handbags and shoes.

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Big truck gets you big kitty

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