Explorations In Learning » budget http://maganle.com/musings/somethingnew "You learn something new every day." Sat, 10 Oct 2009 01:01:35 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 I need a car. http://maganle.com/musings/somethingnew/2009/09/01/i-need-a-car/ http://maganle.com/musings/somethingnew/2009/09/01/i-need-a-car/#comments Wed, 02 Sep 2009 04:16:32 +0000 Magan http://maganle.com/musings/somethingnew/?p=141 I am moving to Austin (and I am still convinced that Dallas hates me)! Now, I really need a car since I’ve looked at the bus stops and scheduling, and it would be extremely inconvenient and tiring to take the bus to and from work–think a mile across hilly land in Texas weather, twice! I am currently working something out so that I can borrow a car until I can get my own. In the meantime, I’ve sort of worked out a budget using a lot of educated guess work. Here are two things I’ve learned while helping me budget for a car:

  1. Cars should be half of your annual income.
  2. Car payments shouldn’t exceed 12% of your net income.

Well, wish me luck in finding something soon! In the meantime, I’ll be cleaning, organizing, and packing. I’m excited about starting work next week. :)

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