Submitted by Haunting-Yoghurt2766 t3_z91tdj in personalfinance

Hey everyone! I bring home around 3200 every month. would 1150 for rent be too much? I also have a car payment of 550 (car note and car insurance). I work from home so there will be no commute to work which will help save on gas. This is my first apartment out of college so any advice would be greatly appreciated.

0

Comments

You must log in or register to comment.

sonnyfab t1_iyehse8 wrote

No. It's at the top of the amount you should consider, though. Also, you should strongly consider selling your car and buying something far less expensive.

7

htowndennis t1_iyeiam8 wrote

Depends where you are living, right? If you're paying 1150/month in Los Angeles, you're doing amazing.

4

Goobertastic123 t1_iyeits9 wrote

Just remember to add other expenses as well if it's not included! Electricity, heat, internet, cable, etc

2

MikeWPhilly t1_iyer78g wrote

How much are you student loans and/or any other debts?

2