3.Save Regularly:
Fix an amount you will place into your car fund every month. This amount should be determined based on your monthly earnings, cost of the car and the estimated time of the purchase. Make sure you are also placing some money into your emergency fund too. You do not want to spend all your savings on your car and then face an emergency you can’t pay for. Also try to collect coins in a coin collector and add them to your car fund when the collector is full. Do not underestimate the importance of saving every penny for your car.
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