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Episode 3469:
Chris urges a shift away from asking how much car you can afford toward questioning what you truly need. By focusing on practicality, avoiding debt, and resisting status-driven spending, you can free up money for what actually matters and take control of your financial future.
Read along with the original article(s) here: https://www.keepthrifty.com/2016/05/08/how-much-car-can-you-afford.html
Quotes to ponder:
“One of the most crucial money lessons is to mind the gap, in other words the distance between your income and your expenses.”
“You won’t feel so great about that low sticker price if you end up paying tons in maintenance costs and repairs.”
“Your self-worth isn’t determined by what you drive.”
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Optimal Finance Daily - Financial Independence and Money Advice