Submitted by Green_Horn18 t3_zz7n11 in personalfinance
BastidChimp t1_j2a14dx wrote
To be conservative, your monthly rent payment should not exceed 30 percent of your take home pay. The rule of thumb is actually based on your gross income but by being conservative you have more wiggle room to account for renter's insurance, regular maintenance, utilities, etc. It's not just about the rent.
Congrats on starting off in the trades. I was an apprentice once.
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