Percentage Gross Income Rent
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Question: How much money from your income should go to rent?
Also should you go by gross income or net income. I would think net income because gross isn’t what you take home. Any percentage ideas? I hope to graduate university by 24 and look for a place to rent afterwards but I have no idea how much should go to rent. I hear these days rent is expensive as hell and many can’t afford it right out of university. My major is accounting by the way.
Answer: The answer depends on you and your life style. 10 – 50% ? When I got out of school, I rented a dump and saved for a down payment on a home.
It worked because I wasn’t home much anyway and some of my friends spent a lot on nice pads where I could hang out.Do some accounting on a budget, and assign priorities to what is important to you. Food, Roof, Utilities, Transport, Savings, Entertainment, etc.
Strongco Announces Third Quarter 2010 Results
MISSISSAUGA, ONTARIO– – Strongco Corporation today released financial results for the third quarter ended September 30, 2010.
Finance & Investment Tips : How to Calculate Adjusted Gross Income
