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80% of their Essential bills leaves a lot to be invested or saved. I'd disagree, it's money management at that point. I'm more concerned about those who are u
by deregulateMed 5y ago
80% of their Essential bills leaves a lot to be invested or saved.
I'd disagree, it's money management at that point.
I'm more concerned about those who are unprofitable every paycheck and growing debt, no way to cut expenses further. Probably due to high COL and lack of education, but I can't blame someone for living where they have family .
- boring_twenties 5y agoI think you may have misread the comment you're responding to. They're saying income is 80% of expenses, not the other way around. In other words, expenses are 125% of income, leaving a negative number to be invested or saved.