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I think you should have done a dollar amount since 10% of 50K is alot less than 10% of 200K. I am below 10% but right around $1000 so far but thats before I pull the trigger on some new tires and rims ($6000 total) which is still below 10%.
I think you should have done a dollar amount since 10% of 50K is alot less than 10% of 200K. I am below 10% but right around $1000 so far but thats before I pull the trigger on some new tires and rims ($6000 total) which is still below 10%.
The OP said disposable income which I interpret as money after all your bills are paid. So if a guy is bringing home $4000 a month (Around 75k a year) and his bills are $3000 a month that would leave him with $1000 of disposable income or 12k a year. By your calc if your saying that $6000 is still less then 10% your are really saying you have about 75k of extra money each year to spend on whatever you want. Or $6,250 each month after taxes. In other words you should really forget about those wheels and think about that new ZR-1.... you could pay it off in a year and a half!
I to would have voted for $ buckets. A % is really hard to calc. I did the wheels and tires this year so I am higher then I would like to admit.