A good friend of mine confronted me last year with the fact that my car costs me about 20% of my monthly income. I find that way too high.
What percentage of your yearly income is your debt?
And what your savings?
What percentage is your mobility?
What percentage special/occasional expenses?
Groceries?
Home and living?
Holidays?
Once you know if and where this is off balance, it’s time to optimize.
If you’re over leveraged (expenses and writing off of value is higher than income) you must act now.