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84. “We spend 98% of what we make—but we refuse to change our lifestyle”

Money For Couples with Ramit Sethi

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Is Your Fixed Costs Too High?

Christine and Thomas are spending 98% of their take home income on fixed costs. That's outrageously high to me. What should it be? 75%. Where'd you get that? I think Christine told it to me one time in the past or maybe it was 60%. It's less than 98. Gee, I wonder why Christine wakes up every morning feeling worried about money.

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