While our needs are unlimited, accomodation is one of the most vital needs of every person. And it is something that we really can’t do without. How much of my income should I spend on renting accommodation so that I ...Read more
While our needs are unlimited, accomodation is one of the most vital needs of every person. And it is something that we really can’t do without. How much of my income should I spend on renting accommodation so that I don’t live in a house above my means
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I do not know what should be the percentage of your income to rent ratio but I believe after paying your rent, you should have enough money to pay for your utilities, groceries and other expenses, as well as save money and invest money. If this is not happening, you need to move to a cheaper locatioRead more
I do not know what should be the percentage of your income to rent ratio but I believe after paying your rent, you should have enough money to pay for your utilities, groceries and other expenses, as well as save money and invest money. If this is not happening, you need to move to a cheaper location so that you will be paying less amount for rent. I guess 15 percent income for rent should be good.
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