Can somebody give me some estimates as to how much of my monthly income to spend?
I am about to start graduate school, pretty soon i will be in the “real world”. I was just wonder, what percentage of your income should you spend on certain monthly costs?
Things like student loan repayments, mortgage, insurance.
What gets lumped together? Is a mortgage in it’s own separate “spend ~20% of your monthly income” and school loan repayment, car loan repayment and insurance lumped into another “~35% of your monthly income”?