The recent thing i heard was people should spend between 25-33% of your annual income. For example, if you make a combined 100k between you and you SO a year...
0.25*100,000 = 25,000
25,000/12 = 2,083.33
0.33*100,000 = 33,000
33,000/12 = 2,750.00
This meaning you should spend between...