50% of income seems like a lot. Personally not sure but if this is the case then how are so many people affording two Honda Accords or Accord and CRV? Those are each $25k and yet do people really earn $100k to make each person driving one feasible?
I haven't heard the 50% rule, what I've heard not only from Dave Ramsey is if you save you can afford anything. You can have a jag, you can have a lexus, if you save the cash for it.
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