How much can I afford - Clear Progress

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	How much can you afford? Think about how much money you make in a month. Here are some suggestions for budgeting your income: Your total monthly debt (mortgage payments, credit cards, auto loans, personal loans, child support) should not go over 45% of your monthly income; You should put 10% of your income into savings; 25% of your income usually goes towards various taxes; 16% of your income should go toward living expenses and 4% misc.