Oct '25 • It’s a Numbers Game
🚨💳 The Magic of the 28/36 Rule 🚨
Ever wonder how much debt is “too much” when it comes to buying a house, car, or taking on loans? 🤔
👉 Enter the 28/36 Rule — a simple number formula lenders use to see if you can afford debt (and YOU can use it to stay financially healthy). 🏦
✨ Here’s how it works:
1️⃣ 28% Rule → Your housing costs (mortgage, taxes, insurance) should not be more than 28% of your gross monthly income.
2️⃣ 36% Rule → All your debt combined (house, car, credit cards, student loans, etc.) should not be more than 36% of your gross monthly income.
Example:📌 If you make $5,000/month →
- Max housing = $1,400 (28%) 🏠
- Max total debt = $1,800 (36%) 💳
Go above these numbers, and you risk becoming “house poor” or “debt trapped.” 🚫
✨ Why it matters:
- Keeps your budget balanced ⚖️
- Helps you qualify for loans ✅
- Prevents lifestyle creep 😅
💭 Let’s chat:
🔹 Do you think most people today live above or below the 28/36 rule?
🔹 Be honest — do YOUR numbers fit the rule right now?
🔹 What would you cut first if you were over 36%?
👇 Drop your answers — this is where the money talk gets real! 💬💸
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🚨💳 The Magic of the 28/36 Rule 🚨
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