Cars

I have notice that keep on changing new car has become a trend of todays life in city People keep on switching to new car for no reason It seems like car has become a way for people to express and show their status Every year there are so many new c
I have notice that keep on changing new car has become a trend of todays life in city People keep on switching to new car for no reason It seems like car has become a way for people to express and show their status Every year there are so many new car models coming up So they keep on changing the car whenever they saw some new models that they like

I had even heard people saying this Since I need to pay for my installment every month then why dont I switch to a better new car It seems like paying car installment has become part of peoples routine life where if they dont pay for the installment they dont know what to do with the money Maybe people have forgot that they dont have to pay for car installment if they dont want to

I know that I may offend a lot of people by saying that buying a new car is not necessary However what I am saying is not that you cannot buy a new car But when you wanted to buy a new car think about why do you want to buy it Is it neccesary Do you want to buy it because you need it Or you want to buy it simply because you wanted to show off to people that you are rich Do you buy the car to boost up your ego

For me I only buy a car when it is needed When I say needed I mean that I really need the car Not for no reason not for showing off purpose If my house is located at an area where I have no access to public transports then I will consider to buy a car If my old car has too many problems then I will consider to switch to a new car

Currently I have a car of 5 years old I have no intention to change a new car right now as my current car is still in good condition I plan to use the car for at least 10 years if the conditions are ok Actually the car is currently used by my wife to drive to work For myself I am actually taking public transport LRT I have no intention to buy a second car although there is no problem in getting one financially

With this I can save at least RM1000 per month I would rather leverage this RM1000 per month for other purpose for example paying extra for my house loan This way I can finish my house loan faster and reduce the interest Why do I want to increase my expense to somewhere that I dont really need I can even use the extra money to do some investment This will improve my financial situation