I've heard quite a bit about other similar "rules", like not spending more than a third of your income on housing, etc. What's a good estimate for the maximum percentage of your actual income you should look to spend on a car payment?
Edit: I should mention I'm not necessarily planning on buying a car any time soon, I'm simply considering how to plan for my finances in the next several years. I'm 23 with no debt and make roughly $75-80K a year (low $4000s/month after taxes); I'm new to working full-time and I'm just looking for some good general financial tips when it comes to budgeting for certain expenses.
Submitted September 04, 2017 at 02:49PM by daneagles http://ift.tt/2iX252p
