<prompt> Human: For the last 3 years Ive been saving on average about 80-90 of my paycheck toward the goal of a house deposit. Now that Im coming close to the successful completion of that goal, recently I drew up a budgeting spreadsheet for what my expenses will be once I own my own place. It seems for the starter home Im budgeting for, I will be able to meet all necessary keep the wolf from the door type expenses mortgage, council ratesproperty tax, utilities, groceries, petrol for work however I will only be left with about 20 of my paycheck at the end of each average week for both savings and discretionary. Thus most weeks will look like 801010 or 80155 instead of the 503020 often advised. My justification is that Ive already done the saving hard yards and now I should be well within my right to even go 80200 with an small emergency fund at least.There is also the possibility that I will be able to rent out a spare bedroom to a roommate for an extra 200 a week which will equate to about a 20 increase in my weekly income.Do you think I am overextending myself?Assistant: Serious question. Why do you think the 503020 rule shouldnt apply to you?Human: Thanks for the reply .Well, I think because that advised 20 in savings and Im assuming here is usually meant to help prepare for retirement mainly - an expense already covered here in Australia by our mandatory superannuation system. I also believe I will be able to score a significant payrise within the next 2-3 years which will bring me back to that ideality.  <response>: I also believe I will be able to score a significant payrise within the next 2-3 years which will bring me back to that ideality.one of the best advices you can hear on this subreddit is: never spend assuming you will earn more in the future. Instead prepare to be surprised and earn less. 