jhuffman comments on Optimal Employment - Less Wrong

60 Post author: Louie 31 January 2011 12:50PM

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Comment author: jhuffman 31 January 2011 10:47:08PM 10 points [-]

Spending less than 37% on housing doesn't require

tons of time in the US managing your money well

It requires you make a correct decision once a year or so about renewing the lease. The reason people have little discretionary income is that they habitually commit themselves to spending plans such as five years of a car payment - but that spending plan itself is a choice.