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Updated almost 6 years ago,
House-Hacking - Increasing income or decreasing expenses
Hi there,
i am following the "Path to fi", but have an issue on what people share about house hacking.
Most time I hear it I hear it as people are decreasing there monthly expenses - but arent it more like increasing income (I mean i still have the same bills - actually increasing as utilities are up)?
I admit its not like a huge problem, but with regards to my savings rate in % of my sallary it makes a huge difference.
If I withdraw it from my expenses my expenses drops dramatically to like 10% of my sallary, giving me a savings rate above 90.
If i put it on top of my income, where I myself believe it belongs, the savings rate is more like 60%.
Where would you guys have it placed?