Submitted by Hemidodge426 t3_z8zxlp in personalfinance
Hemidodge426 OP t1_iyelbbq wrote
Reply to comment by SmallBoxInAnotherBox in Money Guy Show 25% Housing and 25% Investing by Hemidodge426
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.
Grevious47 t1_iyf47b8 wrote
Exactly...so you do understand why percentages don't fit all incomes then.
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