Dave Ramsey budget percentages are one of the famous budgeting percentages on money management and expense tracking.
Giving – 10% Saving – 10% -15% Food – 10% Utilities – 5% to 10% Housing – 25% Transportation – 5%-10%
According to the 25% mortgage rule, you should not buy a house that exceeds the monthly house payment by 25%. It ensures you’re not buying a house without busting your budget.
The 30 rule states that one should not spend more than 30% of the after-tax dollar on housing. The 30 rule is a cap to how much house you should be buying to live comfortably.