Folks knock it off!
First, the OP was simply asking if there was an easy formula/percentage to help decide how much to spend. He wasn't asking for our approval to spend more than he could afford.
Second, it's really great to sit here declaring that 30% of the world is stupid and lazy and selfish. But, maybe instead of sitting around b!!ching about them and demanding they be put in debtors prison, maybe you should be pushing for budgeting courses in our schools, maybe you should be teaching our youth, maybe you should be holding "financial experts" accountable for pushing bad choices on people without the skills or knowledge to understand, maybe you should walk a mile in someone else's shoes before deciding they don't deserve any help.
