ilmscore | Prediction Details
"When it comes to the monthly payment, what I like to follow is my 751510 plan, which says for every dollar that I earn from here on out, 75 cents is the maximum that I can spend. 15 cents is the minimum I invest. 10 cents is the minimum that I save. My monthly payment has to be able to be paid out of this 75%."
By Minority Mindset | June 26, 2025 | Pending
From video
7 Money Decisions You’ll Regret in 10 Years 00:11:40 - 00:12:13
Interpreted Prediction
The 75/15/10 rule suggests that no more than 75% of income should be spent, with the monthly mortgage payment fitting within this 75% allocation.

Prediction Details

Topic
Homeownership Affordability

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