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Topic	How much of your paycheck (biweekly) should your rent cost?
SeabassDebeste 01/29/20 11:03:40 AM #25:	Lopen posted... I'd strongly disagree percentages are better at giving you a good idea. It's basically the same thing. 60% is meaningless without context too. Like using your example if you're paying 60% of your monthly income towards rent and your paycheck is $5000, you're still looking at $4000 per month you have to do whatever with. Cost of living be damned I'm sure you're completely fine. $400 per month to do everything but rent, not so much. there's a matter of security cushion though. by that logic if you make $20k/month then you'd be fine with rent of $15k/month. but if you lose your job in that case then you're utterly fucked --- yet all sailors of all sorts are more or less capricious and unreliable - they live in the varying outer weather, and they inhale its fickleness <cite>SeabassDebeste posted [p:933642271] in How much o... [t:78367362]...</cite> <quote>Lopen posted...</cite> <quote> I'd strongly disagree percentages are better at giving you a good idea. It's basically the same thing. 60% is meaningless without context too. Like using your example if you're paying 60% of your monthly income towards rent and your paycheck is $5000, you're still looking at $4000 per month you have to do whatever with. Cost of living be damned I'm sure you're completely fine. $400 per month to do everything but rent, not so much. </quote> there's a matter of security cushion though. by that logic if you make $20k/month then you'd be fine with rent of $15k/month. but if you lose your job in that case then you're utterly fucked --- yet all sailors of all sorts are more or less capricious and unreliable - they live in the varying outer weather, and they inhale its fickleness</quote> ... Copied to Clipboard!
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