EPISODE · Mar 23, 2026 · 16 MIN
How Much Car You Can ACTUALLY Afford (By Income) - Not What You Think! Episode 36
from The News Minute USA · host Daniel M. Johnson
THE 10/10 METHOD: The Financial Samurai Blogger recommends spending NO MORE than 10% of your gross income on a car that you keep for at least 10 years. Owning a reliable used car like this allows you the discretionary income to invest elsewhere, you won’t have the financial stress of being burdened by high payments, and you’ll be financially free to spend in other areas where you might get more personal enjoyment.
What this episode covers
THE 10/10 METHOD: The Financial Samurai Blogger recommends spending NO MORE than 10% of your gross income on a car that you keep for at least 10 years. Owning a reliable used car like this allows you the discretionary income to invest elsewhere, you won’t have the financial stress of being burdened by high payments, and you’ll be financially free to spend in other areas where you might get more personal enjoyment.
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How Much Car You Can ACTUALLY Afford (By Income) - Not What You Think! Episode 36
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