Posted on 4/29/2023
Owning a car comes with various responsibilities, and one of the most important is proper maintenance. Regular upkeep ensures the longevity and optimal performance of your vehicle, but it can also incur expenses. To avoid any financial surprises, set a budget solely for car-related stuff. In this blog, we will discuss exactly that and we will go over a few steps that can help you achieve that. Start by researching the average costs of routine car maintenance services such as oil changes, tire rotations, and brake inspections. Consult your vehicle's owner's manual or reputable online sources to get an idea of these costs. Another way to do it is to combine all car maintenance expenses and average the amount per year. Setting up a separate savings account or allocating a specific portion of your monthly budget is also a great way to budget money. Treat this fund as an ongoing expense, just like your other bills and obligations ... read more