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Friday, August 26, 2005

How To Afford A Life After Divorce

Walter Updegrave, CNN/Money contributing columnist, offers helpful advise in response to the question: "I'm restarting my life after my divorce. Now that I have to pay child support, I'm not sure how much I can afford to pay in rent each month. Is there a certain percentage of income I should devote to rent and, if so, should I base that percentage on my gross or take-home pay?"

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