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monthly budgets
What would you recommend for a person making $25,000 as a monthly rent.
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about 450 monthly, dont forget food, clothes, if u want to do something on the weekend, lectricity bills, water bills, car payments, insurance, and gas is so high now, id say 450 a month would be a tight position but u could do it if u budget well.
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I think about 500. That sounds like alot though.
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Well, when I was your age, they used to say that your rent sould be 1/4 of your monthly pay. That would be $520.00 a month in your case. But depending on where you live, that may be doable or not. If you live in NYCITY, then $25,000 a year is almost poverty level. You can't afford a rent there. Or boston for that matter. Down south rents are cheaper than in New England. And many places in California are very expensive. That is why many young people have room mates, but of course that can open doors to all kinds of other problems if it turns out that you are not compatible. Good luck in your search for a decent rent.
Michele
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