- Joined
- Jul 17, 2019
So he traded in the infamous Salvage-Title V6 Mustang at a loss (the rear axle was on the verge of breaking, probably due to his excessive weight). He bought that one for 6k, sunk in ~3k for repairs, traded in for 6k. And now he has bought a new 4-cylinder Mustang for 20k, which required a 14k loan at 8.9% interest.
Surely this is 62 IQ financial decision making at work. He hasn't even paid off the house or bought the replacement AC unit yet!
I think this comes down to something Woody has brought up in the past (I think it was on the PKA with Jim) that Wings is someone who doesn't really think about the future, that is why he spent so much of his youtube money back in the day. He would rather spend it now than save for the future. Woody and Kyle saved alot of their money as invested wisely and that is why neither of them will need to work again. Wings however is going to need to keep streaming until he dies or it becomes no longer financially viable. At point he will either get some type of government assistance or actually find a job.
I think he has been doing alot better financially than he has let on and I think he believes he will keep making the money he is now for the foreseeable future. While he knows it was a bad choice he still is able to think it is okay because for now he can still pay for it.
Plus when his AC goes out he will be able to e-beg to get the replacement. I think he might be going for the good ol' DSP "muh bills" strategy for a while.
I am sure some still are, I know sean ranklin and wings tings are still active and posting semi-regularly, i think Null pretty much killed them of after the MATI stream which is a mixed bag imo. We got some interesting reactions from wings but he doesn't deserve all the charge back fraud he was getting.Are they still active?