A Ghanaian man shares a lesson about owning a car in the country while calling it a liability.
In a video spotted,the yet-to-be-identified man argued that owning a vehicle should be seen as a liability rather than an asset, contrary to what many people believe. To prove his point, he
showed himself at a mechanic’s shop fixing his car tyre, which had been punctured. He explained that the unexpected replacement had cost him GH₵300. He said: “You think owning a car is an
asset? Owning a car is not an asset o. Owning a car is a liability. My tyre got a puncture, so I have to pay GH₵300 for a new one.” He also cautioned that without a steady income or reliable
cash flow, unforeseen maintenance expenses can become a significant financial burden. He further advised people to be financially prepared before purchasing a vehicle. In his words: “Imagine
you don’t have an income and you have a car. How are you going to…? If you don’t have a cash flow, don’t own a car. A car is not an asset. A car is a liability. He (the mechanic) said the exact
price is GH₵300. For this alone, you’ve spent GH₵300. I hope this advice helps some of you.”
A young man shared a powerful reminder today: owning a car isn’t actually an asset it’s a liability. If you don’t have a solid cash flow, you might want to think twice before getting one. Maintaining a car is expensive, and without steady income, it can drain your finances… pic.twitter.com/RrgLqQxL1k
— MR.MARFO‼️ (@iamMrMarfo1) November 19, 2025
