From: Tad Borek
Newsgroups: misc.invest.financial-plan
Subject: Re: "Good" breakdown of expenses
Date: Mon, 7 Aug 2006 11:09:35 -0500
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fsa3@optonline.net wrote:
> First post here. I have a question, what are some rules of thumb on
> the percentage of money that should be spent annually on mortgage,
> utilities, car, etc. I know this isn't easy to come up with and there
> is no one right answer.
Frank, from a NYT article yesterday I learned of another survey you
might want to look at:
http://www.bls.gov/cex/
Like the inflation-based one I posted before, this is just to give you a
sense of what other people do, which may not be what you should do. It's
a bit like looking at a survey of what people in the US eat to plan out
your diet (not a good benchmark given that 30% of US adults are obese).
-Tad
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