Consumers
Students
The stability of your income
Your other regular expenses
Your need for cash from month to month
The changes in your cash needs as you and your household grow older
All your personal needs, wants and goals
Any extraordinary expenses you might have that would affect the standard rules, such as caring for sick family members or special medical needs
Remember that today's debt spends tomorrow's income. And you will have less money now to do things you want to do because you must pay for items you've bought, and in many cases, already discarded. It's important to break the cycle of debt by dedicating yourself to the habit of regular savings.
After all, it's much cheaper to save for an item first than to buy it on credit. This kind of attention to detail will work to keep your future debt load reasonable.
