A good rule of thumb is to limit consumer credit payments to ____________ percent of your net monthly income.
A) 20
B) 30
C) 40
D) 50
E) 60

Name: A good rule of thumb is to limit consumer credit payments to ____________ percent of your net monthly income. A) 20 B) 30 C) 40 D) 50 E) 60
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Question

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Limiting consumer credit payments to 20% of your net monthly income is generally recommended to maintain financial stability and avoid excessive debt.

A Good Rule of Thumb Is to Limit Consumer Credit