Salary daalo, car price daalo — sab costs consider karke batayenge
⚠️ EMI ke UPAR yeh EXTRA costs hain — yeh log bhool jaate hain!
₹10L car at 9% for 5yr → EMI ₹16,600. But add fuel ₹5K + insurance ₹2K + service ₹1.5K + parking ₹1.5K = ₹10,000 EXTRA/mo! Actual cost = ₹26,600/mo. Over 5 years: running alone = ₹6L. Total ownership: ₹15L+ for a car that'll be worth ₹4.4L. 🤯
1️⃣ Car ≤ 50% annual income 2️⃣ 20%+ down 3️⃣ ≤4yr loan 4️⃣ All EMIs ≤40% salary 5️⃣ EMI+Running ≤20% salary 6️⃣ Emergency fund BEFORE buying 7️⃣ Post-car emergency covers new expenses 8️⃣ Down from savings, not emergency 9️⃣ SIP not cut 🔟 Positive cash flow after ALL costs