INTEREST FREE CAR LOAN TRICK WITH SWP| BUY BEST CAR |value of car you can afford as per salary

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INTEREST FREE CAR LOAN TRICK WITH SWP| BUY BEST CAR |value of car you can afford as per salary

Buying a car is, without doubt, a big investment , it’s quite likely the second most expensive thing that we’ll buy after a house. But more than that, vehicle purchases are also frequently motivated by emotional factors – I’m sure you had a dream car that stays rent-free at the back of your mind! Price of the car should be equivalent to your gross annual salary. Ultimately, make sure to be honest with yourself because car purchases are medium-term commitments that can significantly impact your financial wellbeing for up to seven years (depending on the tenure of your loan).

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 financial planner
Bhaven, CFP is the founder of The Art of Wealth Building, a financial planning firm that helps professionals make mindful decisions with their money and strategically use their incomes to achieve financial freedom.
He started a YouTube channel with a vision of spreading financial literacy, he started this mission in November 2017 and within the span of 5 years he has more 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 company led by a business professional comprising of Certified Financial Planner, with several years of experience in Financial Planning and Estate Planning.
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