Tag: budget for apartment
How to Budget for Rent?
When you’re first creating a budget for rent, there are lots of things to consider. You’ll have all your necessary bills, of course: phone, electricity, car insurance, gas, and food. Then you’ll have other expenses, both expected and unexpected, come up, such as medical bills, car maintenance. And of course, you’ll want to have some…
How to budget for your first apartment?
Affordability calculators often use it as a default assumption to determine to budget for your first apartment? Mortgage lenders have adopted it as a qualification ratio when approving you for a loan, and private landlords often require tenants’ annual salaries to be at least three times the monthly rent. How Much Rent Should You Pay?…
