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Originally Posted by calvindog
What about taxes?
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Included as part of your essential living expenses 50% share.
Quote:
Originally Posted by Brent G.
Also, where do you live, and is there another source of income (spouse)? $80,000 a yr. isn't much for a single guy living in a major metro these days, but if you live in the sticks and have another contributor, that goes a long way.
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Where you live doesn't matter as long as you can put your housing expenses in the 50% of your essential living costs bucket. $80K is total household income as long as your spouse agrees to let you spend her share of the Want and Savings bucket on a $40K baseball card. Good luck there.