Are You Paying Too Much For Housing?

Finance 101: Your Guide to Investing, Financial Planning, Insurance, College Saving, Financial Independence, and Retirement

Do you know how much is too much when it comes to house payments or rent? Millions of Americans are 'house poor', meaning that they're spending so much money just paying for housing that they don't have much left to spend elsewhere and invest. As a quick rule of thumb, I like to listen to Dave Ramsey when he says that you shouldn't be spending more than 25% of your take home pay on housing. Listen to this episode to learn the other rules of thumb and the 50/30/20 budget rule. If you want to read the corresponding article for this podcast, go to: https://www.wholesomefinancial-brentdunn.com/blog/spend-on-housing If you would like to watch my free webinar on how to invest for retirement without risking your money in the stock market, go to the link below. This webinar covers the simplest, safest, and most affordable way to invest for retirement. https://www.wholesomefinancial-brentdunn.com/saving-for-retirement-webinar As a way of getting to know more people and build better relationships, I offer a Free 30-Minute Discovery Call. During this call, I am all your to ask any personal finance questions you may have. If you would like help figuring out where to invest your money or whether to pay down debt or invest for retirement, I would love to help! The reason I do this for free is because I know that if I can bring value to you and we can establish a relationship, I will be the first one you call when you or a friend need help making a financial plan. :) Free 30-Minute Discovery Call https://www.wholesomefinancial-brentdunn.com/free30minutediscoverycall Email [e-mail] My Site https://www.wholesomefinancial-brentdunn.com/ FB https://www.facebook.com/Bdunnfinance/ FB Finance 101 Group https://www.facebook.com/groups/finance101group/ Twitter: https://twitter.com/bdunnfinance Insta: https://www.instagram.com/bdunnfinance Linked In http://www.linkedin.com/in/brentdunn1 iTunes Podcast: https://itunes.apple.com/us/podcast/finance-101-your-guide-to-investing-financial-planning/id1394097470?mt=2# YouTube https://www.youtube.com/channel/UC8DNH_48pwKWRQ9LdR_6-bg Stitcher https://www.stitcher.com/podcast/finance-101 Soundcloud https://soundcloud.com/brent-wf-dunn