3469: How Much Car Can You Afford? by Chris of Keep Thrifty on Transportation Costs

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Business, Education, Investing, Self-improvement

4.5 • 1.3K Ratings

🗓️ 24 February 2026

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3469: Chris urges a shift away from asking how much car you can afford toward questioning what you truly need. By focusing on practicality, avoiding debt, and resisting status-driven spending, you can free up money for what actually matters and take control of your financial future. Read along with the original article(s) here: https://www.keepthrifty.com/2016/05/08/how-much-car-can-you-afford.html Quotes to ponder: “One of the most crucial money lessons is to mind the gap, in other words the distance between your income and your expenses.” “You won’t feel so great about that low sticker price if you end up paying tons in maintenance costs and repairs.” “Your self-worth isn’t determined by what you drive.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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1:13.4	This is Optimal Finance Daily.
1:18.2	How much car can you afford by Chris of keepthrifty.com.
1:24.5	My Twitter feed keeps coming up with links to financial calculators framed around the question,
1:26.3	how much car can you afford?
1:28.7	This question makes me cringe,
1:35.1	because it's totally the wrong question to ask. Why? This question starts from the assumption that you want and should spend as much as you can. You should absolutely live within your means,
1:41.6	but that doesn't mean you should live right up to your means.
	...

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