Consumerism Chaos: Car Prices, Fast Food Inflation, and Tipping Culture | MHFI 232

Mile High FI Podcast

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.**

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles

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