Car Repairs
Hello Family How Are You today?
How much do you budget for car
repairs?
I
think a good rule of thumb is to budget $25/month x <years old of car>.
So a 6 year old car in your case would $150/month.
I
saved on average between 50-100 a month toward car repairs with 2 older cars
Any
repairs cost that extend beyond this budget will use our Emergency Fund. But if you
consistently set aside fixed amount of $50-100 a month should be enough to cover
expensive future repairs. So my question to you is what are you doing when it comes to saving for car repairs?
Have a great Cheap Cheetah Day!
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