Submitted by Remarkable_Cut3846 t3_yilquj in personalfinance
[deleted] t1_iujak86 wrote
[deleted]
Remarkable_Cut3846 OP t1_iujb37g wrote
Yeah my bad, assuming no other debt besides a mortgage which is roughly 24% of after tax. Currently 25 making 60 net. Putting away 10% in 401k
[deleted] t1_iujdlho wrote
[deleted]
theoriginalharbinger t1_iujjz8h wrote
Always put absolute numbers in - we can figure out percentages from absolutes, but the inverse is much more difficult.
60 net = 5k/month, a quarter of that would be 1200 on a car.
Yeah, that's a terrible idea.
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