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. For some buyers, financing a vehicle may make sense when balanced as a part of their larger financial picture.
Penny Pinchin' Mom
FEBRUARY 16, 2024
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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