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The exact amount that you should spend on a car might change depending on who you ask. Some experts recommend that car-buyers follow the 36% rule associated with the debt-to-income ratio (DTI).
The average American spends $725 on their monthly payment for a new vehicle, according to Experian's data from earlier this year. This is a $75 monthly increase from the previous year. While used...
An automobile is a major purchase. It's also often vital for work, family and fun, so keeping up on maintenance is not only important -- it's a smart financial move. Unfortunately, like anything ...
The average cost of a used car in the U.S. is $26,533, according to Kelley Blue Book (KBB). But if you're on a tight budget, or if you're looking for a starter vehicle, this price point might ...
If you commonly spend $3,000 a month on rent, utilities, transportation, and food, and you decide on a six-month emergency fund, it means you should aim for $18,000 in your savings account.
While there are many other maintenance tasks your car needs, Pyle said, “Any other tasks that help the vehicle would cost more than $50.” Focus on these basics first — they give you the most ...
Image credits: Powerful-Tonight8648 #12. I make tea and bring it to work in a big thermos. I eat leftovers from last night’s dinner for lunch. When it comes to big purchases like houses or cars ...
How much you’ll need for retirement varies by your plans – you’ll need a lot more if you’re planning on having a second home and traveling the world – but don’t delay thinking about it ...