Category Archives Budgeting & Spending

Determining rent budget

Sometimes finances can seem like magic. Or, at the very least, a mystery. Especially when it comes to figuring out how much rent you can afford. This is where budgeting comes in. Creating a monthly budget can help you understand…

portion of income for rent

You think you found the perfect apartment, but when you see how much it will cost you each month, you’re not sure what percentage of income should go to rent, to keep you out of financial trouble. If you don’t regularly track and understand your spending habits, you may inadvertently take on an expensive rent payment that you can’t maintain.