Feb 17 2012, 02:28 PM
QUOTE(danabu @ Feb 17 2012, 02:25 PM)
Financial guru advice / guideline:
Max 15% of monthly income and not more then 5 years for the car loan. Even you plan to use the car more then 5 years.
We should invest the money not spending all the money on car loan. Car works for us not we work for the car. Let the investment generate some extra money for us.
different ppl got different mentality.. Max 15% of monthly income and not more then 5 years for the car loan. Even you plan to use the car more then 5 years.
We should invest the money not spending all the money on car loan. Car works for us not we work for the car. Let the investment generate some extra money for us.
thats why alot of freshies got blacklisted coz they more into cars rather spend all money on them.
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