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I've never heard total debt should be 1/3 of income. Having a mortgage completely blows that up. Nevermind student loans, a car, or getting a credit card.

I've heard that monthly housing shouldn't be more than 1/3 monthly take home. Is that what you're thinking?



> I've never heard total debt should be 1/3 of income. Having a mortgage completely blows that up. Nevermind student loans, a car, or getting a credit card.

Or investing on margin.




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