All of it.

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42%, pretty high. But to be fair, I do have a pretty kick ass apartment in The Colony

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The colony and kick ass don't compute.

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Lol ok. Have fun in your up-and-coming neighborhood, aka the ghetto.

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Huh. Didn't realize where I was located is considered 'up and coming'.

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42%, pretty high. But to be fair, I do have a pretty kick ass apartment in The Colony

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The colony and kick ass don't compute.

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Lol ok. Have fun in your up-and-coming neighborhood, aka the ghetto.

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Huh. Didn't realize where I was located is considered 'up and coming'.

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Don't worry, I wouldn't consider the Colony kick-ass either and I hardly live in an "up-and-coming neighborhood".

FTR, I spend 18% in Preston Hollow.

If just including rent:

7.875% of Base Salary
12.857% of Take Home Pay (after taxes, 401K, benefits, etc...)

If including rent & bills:
9.15% of Base Salary
14.9388% of Take Home Pay (after taxes, 401K, benefits, etc...)

How much of net should I be spending ?

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How much of net should I be spending ?

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really depends on how much you make.

say your family brings home close to 20k net. 30% of that is a 6k on house all together with 14k left over.

however, say your family take home is 10k net. 30% of that is 3k with only 7k left over.

Consider lifestyle the same and the 20k net person is actually in more advantageous position. So the 10k net family should actually spend less. again, its a broad sweeping assumptions but % of net income is hard to rationalize and everyone is in a unique situation.

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150%. pre-approved credit cards are my lifeline.

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You need to get out of The City.

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I live in the city in name only, really. Outer Richmond for lyf

My actual answer is just under 30%, which I'm happy with for now

Escrow payment is about 24%

about 6-7%

About 12%....but we found our dream house for way less than our budget. To be fair we will be spending quite a bit on add ons and landscaping (since it's on an acre.)

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If just including rent:

7.875% of Base Salary
12.857% of Take Home Pay (after taxes, 401K, benefits, etc...)

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ahhh, so that's what 'take home pay' is. Always had me puzzled.

The general board. Where the richest people in America come and waste half their work day away posting online! Seems like your pay is going to good use.