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How Much Car Can I Afford?

Savings Corner

How much car you can afford depends on factors like your monthly income, your credit score and the features you’d like your vehicle to have. 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.

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Savings Goal Calculator – NerdWallet

Savings Corner

Whether you’ve set your sights on a new car, wedding or emergency fund, chipping away at the cost little by little can help you get there. Use our tool to start working toward your savings goal. Savings goal : The amount you want to save — whether it’s for an emergency fund, short-term goal or long-term goal.

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Money Matters - How to Build Healthy Financial Habits and Prevent Future Debt

Motherhood Moments

Emergencies do happen, so it's essential to have a savings cushion to fall back on when unexpected expenses pop up. Automating your savings towards an emergency fund makes this process easier and less painful. Credit can be a valuable tool when used wisely, but it can also quickly lead to debt if you're not careful.

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

Prairie Eco-Thrifter

” eemusings from NZ Muse presents Hybrid cars: a week in the fast lane. ” Jay from Daily Fuel Economy Tip shares How to Save on a New Car , and says, “Are you in the market for a new car? Specifically, how important emergency fund planning was for a couple with a veterinary emergency at their home.”

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How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

I’m a Grade 7 teacher and my husband is a Mac Tools distributor. We also had four credit cards, two lines of credit, and a car loan. We are currently working towards fully funding our emergency fund. My happiest place on earth is being able to spend time in downtown Toronto. What are your financial goals now?

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Find out how Charissa and Her Husband Paid Off $7665 of Debt and Cash Flowed College

Family Balance Sheet

We paid off $7,665 worth of credit cards, school loans and a car loan. The next goals in line would be to build up a 3 month emergency fund and save enough money to replace my car. Cutting expenses, bringing in more income, following a budget are all tools you can use to become debt free. What kind of debt was it?

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