28 нояб. 2023 г. · Most budget people say to stay between 10-15% of your net income for all of your transportation-related costs. Which is really hard to do for lower/middle ...

2 сент. 2024 г. · Dave Ramsey has a rule. I think it's no more than 50% of your annual income in cars (so if you're a two car household you need to take the value of both into ...

9 июл. 2024 г. · We want to buy a car around $18k and we would each contribute $10k to buy it. Income/Savings: Emergency Fund/Savings:24k Income: $1600/month.

27 авг. 2024 г. · The money guys recommend financing a vehicle only where its needed for base reliable transportation and specifically state no financing for luxury cars.

12 июл. 2024 г. · The goal here is simply to show the financial impact of buying a car and the various ways it can be bought. This is a demonstration of the time ...

10 сент. 2024 г. · Yes, pay cash if you can. 20/3/8 should really only be for when you're starting out and need reliable transportation to your first job out of school.

15 нояб. 2024 г. · We've been saving for a car for my wife for a few years to pay cash. Did quite make it before her car kicked the bucket.

10 апр. 2024 г. · The money guy follows the 20/3/8 for cars (20% down, finance ... Edit: the 8% figure is for the car payment, not car purchase. Upvote

10 нояб. 2021 г. · The 20/3/8 rule is recommended by the Money Guy show as a smart way to finance a new/used vehicle purchase. Put at least 20% down, pay off in 3 years or less, ...

17 сент. 2024 г. · I watch The Money Guys quite often, and I do like their 20/3/8 rule, which says I can afford a $23k car, but the vehicle I'd really like is ...