Salary.sg Forums - View Single Post - How much of your net worth would you spend on cars?
View Single Post
  #5 (permalink)  
Old 28-02-2022, 08:51 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
The richer you are, the more non-asset luxuries you can afford. If you're not rich, why spend so much non-asset non-essential luxuries like a car? There's always public transport and Grab.
You don't understand that a car is more than transport to some. It is unbeatable convenience and privacy. It is also in my case, a love for driving and a love for cars that makes it a passion that's worth it. I spent 50%. My liquid net worth 200k before car, after car is 100k (car is an expense not an asset so not in net worth).

Cheers.
Reply With Quote