Quote:
Originally Posted by Salespunk
I honestly think your numbers are high. If you can keep your backend ratio (all fixed debts like car payments, credit cards and house) below 30% you will live very comfortably. 30-40% and you will have to make some serious sacrifices. Above 40% you are playing with fire and not saving anything.
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Oh I totally agree. I'm at 7% transportation and 14% housing. CCs are paid off every month, and I have no other debt. I was just presenting the more palatable numbers for the youngins!