🇪🇸 Spain · 🛒 Purchases · 20-29
I bought a car I could not really afford
Shared by Lucia · 6,890 views
What happened
The monthly payment looked manageable so I ignored the total. Insurance, servicing and depreciation added up to nearly double what I had budgeted over four years.
What it cost me
€19,000
Time lost
4 years
Emotional cost
Draining
What I learned
Never judge a purchase by the monthly payment. Ask what it costs in total, then ask what else that money could have been.
carsfinancingbudgeting
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