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[quote=Anonymous]there’s no percentage. We spend maybe 4% of our gross income on mortgage and most definitely more than that on the kids ( i have one in college and on that alone we spend more than our mortgage). At the end of the day pay yourself first and then blow the rest. Thats a different calculation depending on your income. For me it would be absurd to spend 25% of my income on housing. That would be a home costing well into 7 figures, that’s just dumb. [/quote]
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