Submitted by Tenmaru45 t3_zzejzy in personalfinance
Wisdom_In_Wonder t1_j2dy23a wrote
Reply to comment by Tenmaru45 in Can I afford a new home in this market? by Tenmaru45
You are in a stable financial position - no new house is worth risking that. I definitely would not consider moving until the EF is at $12k and you have filled sinking funds beyond that and you are saving 15% monthly to retirement.
Home Maintenance: 1-2% of home value/year
Vehicle Maintenance: $75/vehicle/month
Vehicle Replacement: Estimated monthly payment
Personal Care: Annual clothing + haircuts/12
Holidays/Birthdays/Gifts: As you see fit
Viewing a single comment thread. View all comments