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Explore options for setting your own debt limit based on the three methods discussed in this module. First, identify one method that you believe is

Explore options for setting your own debt limit based on the three methods discussed in this module. First, identify one method that you believe is most suitable to your spending habits considering a lifestyle based on $4,000 per month of take-home pay. Describe how this method would help you set this limit and indicate the amount. Next, explain why the remaining three methods do not work as well for setting a debt limit for your lifestyle.

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