Abiodun Aremu
18.2K posts

Abiodun Aremu
@kaeptiveitin
Finance Business Partner | Insightful Academe | Manchester United


Please schedule a reminder for the next IFRS Townhall, we’ll be having our amiable guest @decency11 who’ll be rubbing minds to start our Financial instrument series. twitter.com/i/spaces/1nJOL… It promises to be educating as usual. @holerdhyran1 @hedrees_ayinde @kaeptiveitin





The biggest wealth destroyer in the UK right now is PCP car finance. People on a £32k salary will happily lock themselves into a £500/month contract for a Mercedes they will never actually own, just to sit in gridlocked traffic on the M25 and try to impress people in the lane next to them. Then they get to the office and complain that taxes are too high and the government is holding the working class down. If you put that £500 a month into an S&P 500 ISA instead of a rented German car, you'd be a millionaire by retirement. Stop blaming the Prime Minister for your own terrible capital allocation. Your car isn't an asset. It's an anchor.


















