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Newport Independent - Newport, AR
How Much Do You Really Spend on Your House?
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April 25, 2013 5:20 p.m.

Photo by MCCAIG/istockphoto.com  I read this morning in Real Simple (You have a problem with that? Say it to my face.) that well-known financial advisers recommend the following ratios for spending and saving take-home pay: either 70% to "needs" (like rent or mortgage), 20% to "wants" (fun money), and 10% to savings; or 50% to "needs", 30% to wants, and 20% to savings.  See full article.

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