As my Grampa used to say, “And another thing,...” Your housing expense (rent or mortgage) should not exceed 25% (¼th) of your monthly income. Do not be swayed by fast talkers who say otherwise. If you spend more than that, you will be perpetually in a panic. Also, tithe, AND put at least 10% of your monthly income in savings. (So are you beginning to see a pattern here? 25% for housing, 10% into each tithe and savings, means you’ve already spent almost half of your monthly income and we haven’t even factored in food, utilities, insurance, and transportation.)