You Don't Budge It, Right?

The budget is your diagnostic tool to know, hey, what am i spending in all these categories? So i can see where the leaks are coming out. When it comes to buying an automobile, which is one of the first big purchases most of us make, we want you to follow 23 eight,. 20 % down, don't finance for any more than three years and the monthly car payment cannot exceed eight % of your gross income. And when it comes to housing, you want to keep all your housing expenses, your housing cost, below 25% of yourgross income.