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Carnival of Personal Finance #384 – Time for a Laugh Edition

Prairie Eco-Thrifter

Hello and welcome to this week’s Carnival of Personal Finance. If any of you have seen me host carnivals before you know that I like to add in some funny clips about personal finance for your enjoyment. Editors Picks: Big Cajun Man from THE Canadian Personal Finance Site shares 10 Phrases I have Used to Save Money.

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How to Save Up for a Car Without Breaking the Bank

Penny Pinchin' Mom

Needless to say, a vast majority of Americans don’t own luxury vehicles, but that’s not to say that these people own broken-down used cars. What is your dream car? The simple truth is that not many people have enough money saved up to buy a car. That’s why a vast majority of us go the financing route.

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How Much Car Can I Afford?

Savings Corner

Experts typically recommend spending no more than 20 percent of take-home pay on a car. That should include the cost of car payments , fuel, insurance and more. Determining affordability requires balancing your vehicle needs and budget. A used car payment should be no more than 10 percent, but that number varies by expert.

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Shannon & Her Husband Paid off $22,000 in 9 Months

Family Balance Sheet

I finally got inspired that we should at least start working on this huge goal of being debt free when I read Dave Ramsey’s Total Money Makeover. Dave’s zero-based budget and Debt snowball concept were critical to getting us on the path to paying off our debt fast. If married, who initiated the debt free goal?

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