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Well... it sounds like crazy talk!February 21 2012 at 7:57 AM
|Kim (Login KimAB)|
The Frugalista Files
Response to Incredible book about money in balance
But clarify! I assume this person is debt free, mortgage paid, retirement set... 1-2 years worth of savings in the bank...
It sounds like a nice life, but I can't imagine making enough that 50% would cover my needs. Currently my rent is about 40% of my net income.
And are we talking net or gross. I always work in net.