If you cant afford the cost of 2 of the exact car you're buying, then look for a cheaper car.
That's the rule of thumb.

I mean what you can afford to spend.

not your saving or what you worth.

for example. if you have RM100k for a car.
based on rule of thumb, you should be able to buy a RM50k car 2 times.
That means, you should buy RM50k car.

In case anything happened to your RM50k car, you will not be shaken.

Haha....you live based on your means, not due to what people will salute on.

Planning for finance based on what you can spend without getting trapped.

I am aware of that.
But you dont have to follow their way of life or way of financial blunders.
You can make better money management.