You might have friends or have seen people around you who don’t seem to earn that much but they all own cars.

Deep down, you’re probably wondering, “How do they afford sia…”

To be honest, we don’t know either.

Remember the 50% expenses, 30% wealth building, 20% savings rule where we pay ourselves first before spending anything?

We discovered that you need to be earning at least $7,500 a month before you can afford a car like a financially responsible adult.

Not convinced?

Read on to find out why NOT buying a car (even when you can afford to) is a commitment to your financial independence.