TopHot
Is the 28% method when it comes to living expenses out dated?
Is the 28% method when it comes to living expenses out dated? My wife and I bring in about 10k a month after taxes. I see this method all over the internet that would have us spending no more than 28% of our income on a mortgage/rent. When looking at apartments this would get us a very average apartment (80 pound dog, possibly kids soon, etc…). I can’t even imagine what kind of house we’d have to buy to h...
Category:
