What percentage of your annual income before taxes do you spend on rent/mortgage?
Wouldn't it make more sense to ask about rent after taxes?
Meh maybe I’ll make another poll later. I didn’t because I felt a decent number of people don’t know their income after taxes and that would cause bad/non responses. Lol.
Technically everyone falls in the "<100%" bracket.
Or are quickly bleeding savings
I was thinking in terms of SQL logic. Or too lazy to type ranges. One of those.
You are missing positive options. A lot of us make money from real estate.
You could pick 0% I guess.
A lot of us save money on interest payment and property taxes and invest the savings. Don’t know why home owners think every renter is poor :)
I’m pretty surprised how many people are under 15% I would have thought that 25% would be the peak.
Not everyone is in the Bay Area :P
Bay Area and rent is 8% of TC.
Taxes though
Interesting that there are more people at 10% than 25%. Where do y’all live? o_O
Same area as you, they probably just make more than you.
You’re assuming I’m in the 25% bucket. :)
18%, only counting base. Downtown Seattle.
Zero..... following the Dave Ramsey plan.
What is his plan? Inquiring minds what to know.
His financial plan is a series of 7 baby steps that you follow to become debt free and build wealth. Helped keep me focused on one goal at a time. These are outlined in his book The Total Money Makeover, or taught in his class Financial Peace University which is taught in like 5000 places nationwide.
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27.5% but voted 25%
Such a rebel. ;)