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What is the honest percentage of gross income you spend on housing every month (rent/mortgage, utilities, property taxes, etc)? Do you rent or own? Dual income, or single income? What part of the USA do you live in?
I'm right at 35% for housing
I own
Single income
Southeastern USA
10.5 % for housing (12.5% if storage unit rent is included)
I rent
Single income ( No family)
Mid-Atlantic
I thought I saw something like this also, but I think it's because all of the words I have in the
title make up at least one word in other thread titles lol. Or maybe it's a little different. Maybe, I dunno.
Obviously the higher your salary the lower the percentage.
Jeez! With these numbers I'm seeing, I guess I'm living beyond my means, huh (I'm not comparing, just a thought)? Good thing I have no debt besides my mortgage or I'd be in serious s*** then.
Jeez! With these numbers I'm seeing, I guess I'm living beyond my means, huh (I'm not comparing, just a thought)? Good thing I have no debt besides my mortgage or I'd be in serious s*** then.
If you had a lot of other debt, you would probably have trouble saving for the future. American culture has normalized stretching to the hilt and then complaining that you can’t afford to save.
Jeez! With these numbers I'm seeing, I guess I'm living beyond my means, huh (I'm not comparing, just a thought)? Good thing I have no debt besides my mortgage or I'd be in serious s*** then.
We don't have any other debt either, but we do have an infant and toddler in daycare , so if you add that expense we are at 16.4% of gross income.
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, so if you add that expense we are at 16.4% of gross income.
