Not all budgets are created equal.
Whether you’ve been working a budget for years or are just getting started, it’s important to check your budget’s pulse with some common ratios to determine if you’re spending too much money in certain areas.
What are those areas? Great question.
In this article, we’ll look at your housing expense pulse, consumer debt pulse, and total debt pulse. So, pull out your calculator and find out if your budget is healthy, needs some lifestyle tweaks, or requires major surgery.