What is the absolute max I can spend on rent a month in a large city if I make 38k?
>>1045536
As much as you want but the average rule is 1/3rd of your after-tax income.
So if $38k is after taxes then $1055/month.
>>1045540
no. no. 38k is my income before tax. I make like 26k after tax :(. Im just out of school
Also, is there a best time of year to rent? Should I wait till summer?
>>1045544
Then 1/3rd of (26k/12) is how much you can spend. That is not very much at all. You should probably get some roommates.
>>1045549
No I think you can spend about half of your after tax income on rent. All the cool kids are doing it, getting out of mothers basement is something you need to do at any cost or you will never learn anything.
This board needs flags badly.
>>1045583
>No I think you can spend about half of your after tax income on rent
Can't tell if you're being sarcastic but what the fuck? After other (necessary) expenses that leaves you with almost nothing for savings.
>getting out of mothers basement is something you need to do at any cost or you will never learn anything.
I agree with this but he should get some roommates then, can probably only spend like $500/mo if he does.
>>1045583
this sounds like terrible advice
>>1045536
STOP MAKING THESE FUCKING THREADS AND JUST FUCKING DO IT ALREADY
This guy makes one of these threads every couple days on several boards. There's one on page 10 of Biz right now.
He's been doing it for 6 months.