Author Topic: How much to spend on rent  (Read 2827 times)

ldboomer65

  • 5 O'Clock Shadow
  • *
  • Posts: 1
  • Location: Missouri
How much to spend on rent
« on: July 31, 2013, 12:03:17 PM »
Hi there! I'm in a bit of a pickle right now.  I currently am in a 3br house with 2 roommates where I pay $575 in rent and another $150 for electric/gas/water/trash/cable/internet.  Unfortunately one of my roommates is moving in with their boyfriend and we have been unsuccessful so far in finding a replacement.  This leaves me looking for other options.

Question is:  How much does the mustachian community believe I should I be spending on rent?

I gross 4342/mth although being paid bi-weekly I like to budget on 4008/mth and also make side money giving sports lessons which goes to debt/savings.


matchewed

  • Magnum Stache
  • ******
  • Posts: 4392
  • Location: CT
Re: How much to spend on rent
« Reply #1 on: July 31, 2013, 12:07:26 PM »
I don't think anyone can tell you how much you should be spending on rent. That's your call. I do think you should try to minimize your expenses when it comes to housing but how you minimize is a better question than how much should you spend.

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28431
  • Age: -999
  • Location: Seattle, WA
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.