Quote:
Originally Posted by achtungpv
Please deduct 15% off the top of your income for retirement contributions and if you have kids or plan to soon, another $500 per month for college savings, and maybe another 10-15% for your own savings. What's left is how much money you have to work with. Too many people forget about these items since they are not actual "debt" but are absolutely necessary to your future financial security and mental health.
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Obviously more is better, but do you mean 10-15% gross or net?
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