3 Ways to Figure Out How Much Rent You Can Really Afford
In Better Homes & Garden and Yahoo Lifestyle, I and others offered advice on “3 Ways to Figure Out How Much Rent You Can Really Afford”. Here is a link to and a video on that article.
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@khariwashington Figure Out How Much Rent You Can Really Afford ##rent ##realestate ##personalfinance
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Rents have been going crazy lately. So how can you figure out how much rent you can afford each month? What you do is you take how much you make and multiply it by 30 percent. That will tell you how much rent you can afford. So if you make three thousand dollars a month, you multiply by 30%. That means you can afford nine hundred dollars a month in rent. Also, remember when you’re renting something, you need to have first and last months’ deposit. You need to have the money for a credit check and a background check. If you do those things, you’ll make sure that you stay financially secure.