Quote:
Originally Posted by larez2
...Too many of my friends are in cycles of revolving debt + car payments. If you do end up financing anyways, pay close attention to how easily you can afford the payment. If you would like information on a savings/budget plan or schedule, I'd be happy to make one up for you.
|
I guess I'll just add my name to the list of 20-somethings... except I don't have my Boxster. Yet.
larez22, can you expand upon the budget plan a bit? I imagine it's all specific to the individual but are there any general guidelines (don't spend more than x percent of your monthly income on car payments, etc.)? I'm new to this and don't want to break the bank and regret it years down the road.