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87. “We’re in $400,000 of debt, but we can’t say no to our kids”

Money For Couples with Ramit Sethi

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How Much Assets Are You Spending?

CNN's John Sutter takes a look at his spending habits. He finds that he spends 86% of his take home pay on fixed costs. That number should be 50 to 60%. What happens if you're paying the minimum on your debt? You never pay it off.

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