How much car can you ACTUALLY afford? 🚗 | Master Money Video

How much car can you ACTUALLY afford? 🚗
Cash is king, but if you can't swing it, memorize 20-4-12-10. Put 20% down (cars lose 20-30% value instantly). Finance for 4 years max. Total car costs shouldn't exceed 12% of monthly income (payment, gas, insurance). Drive it 10+ years minimum. Break these rules and you're financing someone else's lifestyle while your wealth evaporates in the driveway.