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SmallBoxInAnotherBox t1_iyearve wrote

with these rules applied you should have 42% of your take home for discretionary spending correct? that should be enough if you want to be saving 25% and putting 25% in housing. you either need to earn more or spend less not sure which one you gotta figure that out.

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Hemidodge426 OP t1_iyelbbq wrote

If you have a car payment according to the rules you are left with 42% "gross" left not take home. Now take out your taxes and insurance and that's what you are left with. That is going to be individual.

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Grevious47 t1_iyf47b8 wrote

Exactly...so you do understand why percentages don't fit all incomes then.

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