In modern times, a car is not a luxury, but a necessity. Its purchase requires significant funds, which not everyone has. In this case, the question of accumulating funds arises. Approach this issue creatively, enlist the support of your family and their agreement to share with you possible hardships.
Instructions
Step 1
Decide on the price range, think about what kind of car you want to buy: what model and brand, new or used, as well as the period during which you want to save up for the car. The required amount depends on this.
Step 2
Decide on the amount you want to save on a monthly basis. Perform a simple mathematical calculation: divide the cost of the car by the number of months - this is the required amount.
Step 3
Assess your financial capabilities objectively. Economists believe that the amount actually set aside should not exceed 10-15% of your income.
Step 4
Write a statement at your place of work regarding the transfer of a certain part of your salary to the account that you previously opened with the bank. Thus, funds will accumulate automatically.
Step 5
If you already have any savings, open a deposit with the possibility of replenishing it. This way you can protect your funds from inflation. In addition, the bank guarantees the safety of your money.
Step 6
Limit your large spending or skip it altogether. Think about what you can refuse, maybe from a planned vacation abroad or some major purchase?
Step 7
Determine the circle of spending that you cannot do without. Try to limit the rest or refuse them altogether. Also, cut back on spending on entertainment, cafes, and other places of entertainment. Try to save on taxis - fixed-route and regular, use public transport.
Step 8
Take advantage of the auto lending option if you want to become an auto owner immediately.
Step 9
If you listen to our recommendations, you will be able to accumulate the necessary funds to purchase a car with the least loss and as quickly as possible.
