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TopicHow much of your paycheck (biweekly) should your rent cost?
Lopen
01/29/20 12:22:10 PM
#29:


It is a percentage though you just aren't thinking about it because it's not expressed as one.

When you say three hundred less than a single paycheck you're by default setting the absolute floor below 50% because you're leaving them one whole paycheck.

The more poor you are, the further from 50% you should be because you can't afford as many random unexpected expenses as the more rich can. Which is why a flat value is actually more useful than you'd think.


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