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Car Budget

Hi,

  I am single with zero debt and I have a safe job and invested only in MF, NCD’s, company FD, Stocks and Bank FD’s (No Real Estate). Now I am planning to buy a car and I am confused on what should be my car budget.

If my Annual Sal is X then what should be my ideal car budget. 

Also my another question is: I am saving around 70% of my salary is this strange or you folks do save this much? Thanks.

 

Regards,

Rajendran

 

 

 

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