How Are People Affording These Car Payments With Their Salaries?

🟢 Track Your Net Worth with Empower https://empower.sjv.io/c/6525680/3337675/13439 🟢 Join my newsletter - financeplaybook.io Car ownership is a big decision! In this video, I break down exactly how much car you can afford based on your income — and reveal the real numbers car dealers never tell you... so that you can get the car you want without giving up your long term wealth goals. In this vid I talk about ✅ The true cost of car ownership (it’s way more than your monthly payment) ✅ My income-based affordability formula (The 15% Rule that actually works) ✅ How to calculate your real car budget for $40K, $60K, $80K, $100K, and $150K+ incomes ✅ The opportunity cost of overspending on a car (and how it could cost you $500,000+) ✅ My step-by-step strategy for buying smart — without sabotaging your financial future CHAPTERS 00:00 Introduction 01:52 Actual Costs of Car Ownership 02:51 A $35,000 Car 04:26 Expense to Income Ratio 04:46 Car Budget By Income 05:01 $40,000 Income 05:31 $60,000 Income 05:43 $80,000 Income 05:56 $100,000 Income 07:10 $80,000 Income Detailed Breakdown 08:42 High Mileage Driver 09:05 Business Owner or Sales Professionals 09:32 High Income Earners 10:36 Calculate Your True Budget 13:16 Recap FREEBIES 🟢 Ultimate Personal Finance Tracker - https://www.alicecee.com/personalfinancetracker 🟢 Why Net Worth Skyrockets At 100k - https://www.alicecee.com/networth100k RELATED VIDEOS 🔵 How Many Americans Are Millionaires - https://youtu.be/C0F8Ngkr6QE 🔵 How Much Can You Spend On A House - https://youtu.be/UVotLHLkEfY 🔵 Why Everyone Seems Like They Have More $ Than You - https://youtu.be/_4BZr_M3WB8 🔵 Average Net Worth By Age - https://youtu.be/mh6E4l76j4o WHERE YOU CAN FIND ME 🟢 SUBSCRIBE TO MY PODCAST - https://open.spotify.com/show/6VCEJZeJmLKQ9fjudIXvlP 🟢 INSTAGRAM - https://www.instagram.com/alicecee_/ 🟢 THREADS- https://www.threads.com/@alicecee_ 🟢 TWITTER - https://x.com/TheAliceCee 🟢 LINKEDIN - https://www.linkedin.com/in/alicecee/