How Much Do You Spend on Your Fixed Costs?

A good guideline for housing costs is to keep it below 28% of your gross income. Five motorcycles means you need a big garage. If you live in an expensive neighborhood, that means expensive groceries and repair people. An expensive house means extremely high phantom costs for repairs and maintenance. Your number is what? Is that the 147? Nope. It's two to the right of that. You see why we're stressed? Two things I want to point out here. First, notice how Alex is the perfect example of letting the tail wag the financial dock. And second, this one has really been on my mind.