How can I budget for car maintenance costs?
To budget for car maintenance, start by estimating annual costs based on your car's age and mileage.
What are some common maintenance expenses I should consider?
Common expenses include oil changes, tire rotations, brake repairs, and fluid replacements.
How can I track my maintenance expenses effectively?
You can use a spreadsheet or a budgeting app to log expenses and set aside money each month.
Is there a recommended percentage of my income I should allocate for this?
A good rule of thumb is to allocate about 10-15% of your monthly income for car maintenance and repairs.
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