Right approach:
Earning: $10000 a month
Spending: $4999 a month or lesser than that.
Wrong approach:
Earning: $10000 a month
Spending: $5000 a month or greater than that.
Your approach? Comment
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Edited:Â Mar 03, 2022
Is it okay to spend more than 50% of your income?
Is it okay to spend more than 50% of your income?
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@Kanika Sharma Amazing post.
I completely agree with your approach @Kanika Sharma
I appreciate your approaches but life is all about to live pleasantly. Why to do such calculations all the time? Just a thought @Kanika Sharma
@Kanika Sharma expenses should be less than 50% of the income. Your approach is absolutely correct.