this post was submitted on 17 Dec 2021
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Asklemmy
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Own my own house (when it's paid off in 2 years) but 11.4% of my income goes to paying it off. Obviously when I bought it that percentage was a lot higher, but as the years pass, the payment basically stays fixed while your income has been going up.
Nitpicking, but this is not obvious across all industries. In many fields, people's wages barely go up with time.
If a job's income does not go up over 20 years, that is hardly very sustainable...
what field of work are you in?
I've retired from work so not in any field of work any more... but when working was in the police and then in IT
Remember, police do a very wide range of activities - not everyone walks around dressed in blue with a truncheon ;-)