The 15 Most Important Financial Decisions You’ll Ever Make


3. Decide what car you want to drive

One of the first things you’ll want to do once you start working is ditch the beater you drove through college. A fancy car is a status symbol that most people desire.

You need a deposit to secure finance. Car repayments should be made regularly to avoid ruining your credit. Many repayment schemes are dependent on interest rates. You should be able to afford an increase in the repayment as well as insurance premiums for the term of the loan. Remember that you can’t eat the rims of your car when your grocery budget runs out! Buy sensibly and wait until you’re more financially stable before you splash out on your dream car.