Remove Budgeting Remove Emergency Fund Remove Goals Remove Used Cars
article thumbnail

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.

Cars 52
article thumbnail

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. I wasn’t comfortable keeping only $1,000 in an emergency fund with two little ones and just one income, so we didn’t follow that part of his plan.

Debt Free 100
article thumbnail

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

Prairie Eco-Thrifter

.” Dividend Growth Investor from Dividend Growth Investor shares how Dividend losers focus on excuses that prevent them from achieving their goals of financial freedom. Dividend Winners on the other hand, focus on creating specific goals, and the steps to make them a reality. ” J.P.