The 50/30/20 rule is great until rent eats 45% of your take home

Moved to Austin last year and my rent is 45% of my income. No way around it. How do you guys handle the budgeting rules when the numbers just don't fit?

3 comments

3 Comments

jessica_hall493d ago

Wait, you actually thought the 50/30/20 rule was realistic before rent hit you too?

jana_fox503d ago

Used to preach that gospel myself until Austin rent slapped me silly.

lisaf383d ago

Just lower your wants so 50/30/20 magically fits.