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INTEREST FREE CAR LOAN TRICK WITH SWP| BUY BEST CAR |worth of car you can afford as per salary
Buying a car is, no doubt, a giant funding , it’s fairly doubtless the second costliest factor that we’ll purchase after a home. But greater than that, automobile purchases are additionally often motivated by emotional components – I’m positive you had a dream car that stays rent-free on the again of your thoughts! Price of the car needs to be equal to your gross annual salary. Ultimately, make sure that to be trustworthy with your self as a result of car purchases are medium-term commitments that can considerably influence your monetary wellbeing for as much as seven years (relying on the tenure of your mortgage).
00:00 Introduction
04:33 What is 20/4/10 Rule
06:04 What is 10%/5/20% Rule
13:06 End
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About Bhaven, a Certified monetary planner
Bhaven, CFP is the founder of The Art of Wealth Building, a monetary planning agency that helps professionals make conscious selections with their cash and strategically use their incomes to realize monetary freedom.
He began a YouTube channel with a imaginative and prescient of spreading monetary literacy, he began this mission in November 2017 and inside the span of 5 years he has greater than 2 lahks + subscribers and over 10 million views on his YOUTUBE channel “the art of wealth building”
The Art of Wealth Building is a professionally managed firm led by a enterprise skilled comprising of Certified Financial Planner, with a number of years of expertise in Financial Planning and Estate Planning.
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