How Much Money Should You Spend For a New Car? Story

How Much Money Should You Spend For a New Car?

[{"selector":"#anim-2b75ad73-30d6-4d16-a10f-515535bcd4f2","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1625a405-fc36-46e8-8235-4060c7f85df8","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-4a6317eb-91d8-4e90-a9c5-93b741d7ffde","keyframes":{"opacity":[0,1]},"delay":1400,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-024c3cb5-7514-4a79-8f36-61ae4d379760","keyframes":{"transform":["translate3d(0px, 300.56323%, 0)","translate3d(0px, 0px, 0)"]},"delay":1400,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Most car purchases start as an idea, and end with the question, “How much can I afford monthly for a new car?”

[{"selector":"#anim-ef519cce-9a85-43fd-93e3-4a1fda7a1ab2","keyframes":{"opacity":[0,1]},"delay":1400,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dd994244-e4e4-45ce-83a1-0905a9072a9b","keyframes":{"transform":["translate3d(0px, 270.54954%, 0)","translate3d(0px, 0px, 0)"]},"delay":1400,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Ideally, the best rule to follow when buying a car is the 25% gross salary rule, since it is 100% based on what you make each year.

[{"selector":"#anim-d829c48e-7139-436a-a117-33573b6a16f2","keyframes":{"opacity":[0,1]},"delay":1400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb573663-86ce-4b69-85a2-05f6ee8f6dd9","keyframes":{"transform":["translate3d(0px, 252.53508%, 0)","translate3d(0px, 0px, 0)"]},"delay":1400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Set a car budget

[{"selector":"#anim-b5535588-19c5-49f0-952b-8c4713054c3f","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":1400,"duration":1000,"fill":"both","iterations":1}] [{"selector":"#anim-f0e7bffe-4f5d-440e-ab97-0f8cdda448d5","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":1400,"duration":1000,"fill":"both","iterations":1}] Learn more

Don’t forget about the “Other” car expenses

[{"selector":"#anim-46d5baf9-01bd-4239-8231-a95e5e3f51d9","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a73a5528-7b02-418e-877f-6dbf46ec07bf","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-532e996b-3c4b-456e-a376-5089bf5ab577","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":1400,"duration":1000,"fill":"both","iterations":1}] Learn more

Do your best to avoid brand new cars.

[{"selector":"#anim-1565a931-4d0a-4233-af77-b0f16a003f71","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-77b2586b-0953-4b00-a79d-b43f3f19977c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-86172c2d-39e2-41d1-bec0-5252085bd732","keyframes":{"opacity":[0,1]},"delay":1400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5217edce-1c52-43e9-a567-0bcb1c25ab99","keyframes":{"transform":["translate3d(0px, 382.18206%, 0)","translate3d(0px, 0px, 0)"]},"delay":1400,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Keep in mind that it is just a car and by keeping your car expenses low – you can do other things like pay off student loans, save for retirement or purchase a home!

[{"selector":"#anim-82e5786d-8cfa-4c29-9cab-6d07e8043e19","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":1400,"duration":1000,"fill":"both","iterations":1}] [{"selector":"#anim-b97405e0-6110-48bc-9c53-189c0faadd31","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d02bac74-f3c2-4c67-b0e2-6382df92f663","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Swipe up to Continue Reading!

[{"selector":"#anim-d3e0957a-c35a-4ab9-9019-b238d20330b0","keyframes":{"transform":["scale(1)","scale(1.3)","scale(0.97)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":300,"duration":1000,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-3b7b31ca-2ec8-4d02-a956-00073bc23e8d","keyframes":{"transform":["scale(1)","scale(1.3)","scale(0.97)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":300,"duration":1000,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-9dd00ec5-d037-4ae1-b4be-4974713959bb","keyframes":{"transform":["scale(1)","scale(1.3)","scale(0.97)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":300,"duration":1000,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-d29129f3-8796-4ec7-90c8-b9b637d58cf2","keyframes":{"transform":["scale(1)","scale(1.3)","scale(0.97)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":300,"duration":1000,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-5d887d82-9d21-4236-b39a-d70f50a6de87","keyframes":{"transform":["scale(1)","scale(1.3)","scale(0.97)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":300,"duration":1000,"easing":"ease-in-out","fill":"both","iterations":1}] Continue Reading

Visit WealthyNickel.com to learn how to save money and invest!

[{"selector":"#anim-3e72ada2-8ab0-48bd-8f31-e46b21bba44d","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2f410e2d-4bd4-44b7-ae8d-ea323f50b00d","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-bf767484-d956-4f2b-aa22-d1d330726e9f","keyframes":{"transform":["scale(1)","scale(1.3)","scale(0.97)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":2200,"duration":1000,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-dbcd636c-3620-4f26-b850-bd1320802de1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a984ab64-9c3b-4a24-9998-9a9767ff3317","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ec8cfbd7-755c-4a04-b35f-87366030d6f4","keyframes":{"transform":["translate3d(-137.20932%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7c2dff76-4b44-4b7c-abb0-c9362fbb33af","keyframes":{"opacity":[0,1]},"delay":1500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f0f5886-0c1b-4301-885b-7b446c508e07","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":1500,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-6ff74183-ebfe-432c-9573-c495a1aa8d7b","keyframes":{"transform":["translate3d(-210.40462%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1400,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ef2e898-37bc-4507-97be-9b31e397e555","keyframes":{"opacity":[0,1]},"delay":1400,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2e2278ce-a689-4f48-a064-adb92332c468","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":1400,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-ff02fa96-5ad5-441e-aa73-130bbfe1bd68","keyframes":{"transform":["translate3d(230.37976%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1800,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-275e9296-f3c6-4542-a6c8-3598aabafa4e","keyframes":{"opacity":[0,1]},"delay":1800,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-69898284-2073-4a81-997c-23a1f3ede6cb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":1800,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-b2128662-73b7-4a4a-bd6b-23e1f14d950e","keyframes":{"transform":["translate3d(143.28358%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1800,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc2b26ed-1bcd-4a6e-a4ea-773b91fa45aa","keyframes":{"opacity":[0,1]},"delay":1800,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9810791-a5df-4e0c-b239-652367b888c0","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":1800,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] 7 Lessons from The Richest Man in Babylon: Build Wealth Like a Millionaire 8 Simple Steps To Pay Off Debt on a Teacher’s Salary