Asked by LIssy

Anna’s net income is $40,000 per year. What is the most she should spend towards housing each year?

Answers

Answered by Ms. Sue
The standard seems to be to spend no more than 30% of your income for housing.

0.3 * 40,000 = ?

http://forums.kiplinger.com/showthread.php?3321-What-percentage-of-income-should-go-to-housing
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