re: House = (x)household income

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my goal, however, is to try and afford everything on just my salary so that if one of us loses our job or we have a kid and we lose her income for a year or so, we'll still be fine.


I tell everyone to do this

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This is what we have always done. My step father gave me really good advice, and I am so glad I have (mostly) followed it. He said never give yourself a raise. I gave myself my first raise since 2000 last year, everything else we have saved. Its been really effective at boosting our savings rate.

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Probably why I'll never be disgustingly wealthy. With my lifestyle & 200k/yr disposable income, the last thing on my mind is what % of my gross income is housing. I have more important things like fixing my mid-iron game at that point.

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You will never get disgustingly wealthy from a 200k/yr in income. I am happy just being comfortable.