That.. also if you’re having to run the numbers in your head whether you

Jun 14, 2021
9:35:11am

cougfanz Truly Addicted User

Can “afford” the monthly payment rather than factoring in the total cost and how it compares to
Your financial situation

thinking cars/boats/even home

Report problem with this ad

cougfanz

Previous username: ndfan
Bio page: cougfanz
Joined: May 15, 2011
Last login: May 6, 2024
Total posts: 18,019 (1 FO)

Report problem with this ad

Messages

Author

Time

At what point do you know you're spending too much money? Is it when you can no

dYrtbYkerYder

6/14/21 9:21am

Your second paragraph doesn’t make sense

cougarfann888

6/14/21 9:23am

Fixed.

dYrtbYkerYder

6/14/21 9:49am

That.. also if you’re having to run the numbers in your head whether you

cougfanz

6/14/21 9:35am

Too much is (25 x expenses) > 4% of expected nest egg at retirement. Expenses

BYUFootballisBack

6/14/21 9:52am

If you're maxing out your match, and can pay your bills, you'll do ok.

paulb

6/14/21 9:53am

Yes. Also, people taking out HELOC loans to buy toys or take vacations

UVCoug

6/14/21 9:53am

When you can’t max out retirement vehicles and also maintain 4-6 months

kotacoug

6/14/21 9:54am

We rein it in when our savings rate drops below 40%

EQD2

6/14/21 9:59am

Couple of very rough rules of thumb I’d suggest (recognizing

hansel

6/14/21 10:20am

I like number 3 a lot. Makes me think of wealthy barber, if you don't learn

paulb

6/14/21 10:25am

When I'm in our production rooms with our operators I talk finances with them &

Posting on CougarBoard