This Day in History: The Model T

On October 1, 1908, the first Model T was introduced to the public.

It cost $950, which would be ~$30k in today’s dollars.

Over the next 18 years, 15 million more Model T’s would be sold.

Just 41 years earlier, on the same day in 1867, Karl Marx published “Das Kapital”, his manifesto on why capitalism was doomed.

Guess we know who won that bet.

On this day in 2022, our entire Financial Zen Community checked their numbers for September and recorded their:

1) take-home pay
2) total spending
3) total savings

Enjoy your weekend!