LogFAQs > #933641507

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Topic	How much of your paycheck (biweekly) should your rent cost?
Reg 01/29/20 10:41:26 AM #21:	Look at percentages instead of hard dollar amounts. If you get paid twice a month, then your rent/mortgage/whatever being 2/3 of a single paycheck is good. Comes out to 1/3 of your monthly total, which is a good benchmark. Saying "300 less" is meaningless without the context of whether your checks are $500 or $5000 <cite>Reg posted [p:933641507] in How much o... [t:78367362]...</cite> <quote>Look at percentages instead of hard dollar amounts. If you get paid twice a month, then your rent/mortgage/whatever being 2/3 of a single paycheck is good. Comes out to 1/3 of your monthly total, which is a good benchmark. Saying "300 less" is meaningless without the context of whether your checks are $500 or $5000 </quote> ... Copied to Clipboard!
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