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Real Estate
Reply to "What percentage of your take home do you spend on your mortgage & tax every month? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]I post in net because I only budget off of the money I can actually use to pay bills. We don't see the money we pay toward health insurance or into a couple of our retirement funds in our band account. [/b] Our mortgage is about 30% of our monthly take home. It is tighter than I would like, but we manage. We had to cut some of our savings last year when I was cut back in hours last summer because of a dry spell for my company, but we were able to make our mortgage on just my DH's salary.[/quote] +1 to this. You are smart PP.[/quote] But it makes it impossible to compare what you're paying to others, so what's the point of this post? Someone can pat themselves on the back for being at 15% of net, but if they aren't netting out any retirement, any health insurance, etc. then I would say they are financially unsound.[/quote]
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