46% of Income on Housing and Car Submitted by Remarkable_Cut3846 t3_yilquj on October 31, 2022 at 7:14 PM in personalfinance 15 comments 0
jokerfriend6 t1_iujl0y5 wrote on October 31, 2022 at 8:35 PM You will be house and car poor. 1/8th your gross income on mortgage and 1/8th your income on car+car insurance. That should be a budget that should allow you to 15% your income for 401K Permalink 1
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