[quote=AN]So to afford a $20k car, you’d need a net worth a 1/3 of that?[/quote]
it’s not a linear scale that way. It’s needs vs wants. The first $15-20k of car may be a *need*, you need decent transport for work etc. But the other $40k is then fluff that can be afforded only if you have all your other more important financial priorities set…savings, retirement, emergency fund, kids college, home paid off, investments etc. etc.
