Is spending 70 percent of net income on rent ever acceptable?
Is spending 70 percent of net income on rent ever acceptable? I'm in the process of a divorce and will be taking full custody of my children (she's leaving the country). In order to minimize life disruptions for my children and I, I'd like to stay in our current home at least until our they complete school in 4 years. However, my income vs expenses are concerning me. I'd like to get feedback from people as...