Originally Posted by
mantan_rtw
One has to be financially very ignorant to spend £35000/yr for travel on a £150000/yr gross or even net income. Unless we are talking about people in 80+ age range when not a lot of time is left based upon average life expectancy.
Otherwise travel expenses should be no more than 10% of the after tax income.
Just so I can check that my own financial planning isn’t in any way “very ignorant”, where is the remaining 90% going?
EDIT: To BA isn’t the right answer?