My lease is up for renewal and I'm wondering if maybe too much of my income is going towards housing. What percentage should be allocated towards this. My annual salary is $39,000 a year currently I'm paying $12,720 per year in rent.
How much of your income should go towards housing???
June 3rd, 2009 at 03:34 pm
June 3rd, 2009 at 03:46 pm 1244040363
June 3rd, 2009 at 05:32 pm 1244046767
June 3rd, 2009 at 07:42 pm 1244054542
June 3rd, 2009 at 09:39 pm 1244061562
So it depends on the area really. In college I didn't sweat it as I Was focusing all my energy on a higher income, eventualy. (My problem was more low income than high rents, since I did do well keeping my rents low in a pricey area).
That being said, if there are cheaper rent options for you, I would certainly take them.
June 4th, 2009 at 06:28 am 1244093328
i think our minimum mortgage payment is around that amount, but we are trying to pay much more, our goal is 40-45%.
May 20th, 2018 at 01:31 am 1526776295
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