We manage at 50%, but we don’t have car payments or student loans and the alternative, renting, is much higher. With a mortgage, you also get equity and pay down principle, so it’s not just a place to sleep. It’s like 25% to bank and 25% into nonliquid savings.

Renting at 50% or higher is a full loss, though. And honestly, if you have plans to travel, have kids, or just expensive hobbies, it really eats into your ability to fucking live your life.