Post by @stacknreps

A great way to overcome this: You make $60K 25% = $15K/year → $1,250/month Your partner makes $50K 25% = $12,500/year → $1,042/month Combined income = $110K 25% = $27,500/year → $2,292/month - This allows you and your significant other to still stay under the rule and save for a home eventually - These are conservative rent targets based on 25% of gross annual income. 25%–30% is a commonly cited housing guideline, Your personal maximum depends on your debt, expenses, location, and financial goals. - #2jobs #investing #PersonalFinance #invest #financialfreedom