Min. Salary to purchase Z
Originally Posted by Saint_Spinner
But the benefit is, if you pay it off earlier, you'll be paying less in interest.
I read somewhere recently that the average American spends (or should spend no more than) 23.6 weeks of your annual salary on a car.
So, if you make $52,000.00 per year, divide that by 52 (weeks in a year), then multiply by 23.6, and you get $23.600 as your guide.
Unless of course you LIKE beans and rice all the time.
So, if you make $52,000.00 per year, divide that by 52 (weeks in a year), then multiply by 23.6, and you get $23.600 as your guide.
Unless of course you LIKE beans and rice all the time.
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