Quote:
Originally Posted by fravel
I'm dedicating about 60% of my current monthly income to paying off accumulated debt.
Granted, I probably have a relatively low salary compared to you cats because I'm young, and I'm also trying to be very aggressive with paying my debts off, which is why I'm putting such a large chunk of my income towards it.
My loan on my car is only 15% of post-tax income. Factor in insurance and it is 22%
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Ya i just made a budget and all my (toy) payments are 9% of my income, thats my duramax, bmw, boat, pruis, and This new M5 if i go get it tommorow as planned. Im more worried about the Gas bill and repairs then the pmt, but its got a OEM warranty for 6 more months then i could extend it