Miyoshi has a monthly net income of $1,625. Her fixed monthly expenses include $68 for
the furniture she bought last month, and a car payment of $167. Are Miyoshi’s expenses
within a safe debt load?
No.
$1,625 x 10% = $162.50
$162.50 - 235 = - $72.50
Right now Miyoshi is over committed and is not within a safe debt load, and she should not commit to
further debt.
