Savings Corner

DECEMBER 25, 2023

Edmunds recommends that a new car payment be no more than 15 percent of your monthly take-home pay. A used car payment should be no more than 10 percent, but that number varies by expert. Specifically, weigh buying in cash — and possibly eating into or wiping out your emergency fund — versus making affordable payments over time.

Cars 52

Cars Car Insurance Calculators 52

Prairie Eco-Thrifter

OCTOBER 21, 2012

.” Harry Sit from The Finance Buff asks Tax Efficiency: Relative or Absolute? , and says, “Because you have to pay taxes on interest, dividends, and realized gains, an investment that loses less of its returns to taxes is said to be more tax efficient.

Personal Finance 219

Personal Finance Finance Debt Money 219

Family Balance Sheet

FEBRUARY 4, 2015

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. We also continued using debit and credit cards (paid in full multiple times per month) for the convenience of tracking our expenses online.

Debt Free 100

Debt Free Debt Financial Goals Budgeting 100