I've seen a lot of things lately about how to budget spending, like the 'rule' in the title about spending no more than 20% of take-home pay on car expenses. I've found a few articles about them, but they always just hand-wave the source of the rule as 'financial experts'. Obviously, these are guidelines and every person is different, but that doesn't mean they are just made up. How are these general guidelines derived? I'd really love to see some specifics.
Submitted July 05, 2017 at 11:22AM by karn1948 http://ift.tt/2tMCtZN
