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Sly · 05-15-2005, 10:17 PM

Its said that your home mortgage or rent shouldn't be more that 1/4-1/3 of your monthly income, so more or less about a weeks pay. Is there a "suggested" percentage of monthly income that should be spent on your car? Anyone with financial advisor experience?

I've always wondered this for some reason...

05-15-2005, 10:17 PM
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,360	When buying a car, suggested percentage of income... Its said that your home mortgage or rent shouldn't be more that 1/4-1/3 of your monthly income, so more or less about a weeks pay. Is there a "suggested" percentage of monthly income that should be spent on your car? Anyone with financial advisor experience? I've always wondered this for some reason... __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.