Rent budgeting

[Clockwerk]

Roughly how much of your take home, bi-monthly, should be allotted for rent? Not including utilities. I got a better job and I plan on movin' on up, to the east side. To a deluxe apartment in the sky.

 

[newb111]

No more than 1/3

 

[Kelemvor]

All depends on what other bills you have and how much they cost.

Car payment, utilities, credit card debt, etc. Don't stretch yourself too thin or if something bad happens you'll be SoL...

 

[hiromizu]

How much of your current net income is you spending?

 

[Clockwerk]

I'm basically a militant minimalist. Zero debts

 

[TwiceOver]

Originally posted by: Clockwerk
Roughly how much of your take home, bi-monthly, should be allotted for rent? Not including utilities. I got a better job and I plan on movin' on up, to the east side. To a deluxe apartment in the sky.

You get paid every other month? Suck.

 

[Clockwerk]

Originally posted by: TwiceOver

Originally posted by: Clockwerk
Roughly how much of your take home, bi-monthly, should be allotted for rent? Not including utilities. I got a better job and I plan on movin' on up, to the east side. To a deluxe apartment in the sky.

You get paid every other month? Suck.

bi-monthly = twice a month

 

[newb111]

Originally posted by: TwiceOver

Originally posted by: Clockwerk
Roughly how much of your take home, bi-monthly, should be allotted for rent? Not including utilities. I got a better job and I plan on movin' on up, to the east side. To a deluxe apartment in the sky.

You get paid every other month? Suck.

bi-monthly = 2x a month
semi-monthly = 2x a month as well

link

 

[hiromizu]

Originally posted by: Clockwerk

Originally posted by: TwiceOver

Originally posted by: Clockwerk
Roughly how much of your take home, bi-monthly, should be allotted for rent? Not including utilities. I got a better job and I plan on movin' on up, to the east side. To a deluxe apartment in the sky.

You get paid every other month? Suck.

bi-monthly = twice a month

That is bi-weekly..

 

[Clockwerk]

errrm, am i confused?

 

[Legendary]

Edit: Nonsense was here.

 

[Clockwerk]

uhhhhhhh, back to the topic at hand..

 

[hiromizu]

Originally posted by: Clockwerk
I'm basically a militant minimalist. Zero debts

This doesn't answer any questions...

 

[Alienwho]

Originally posted by: hiromizu

Originally posted by: Clockwerk

Originally posted by: TwiceOver

Originally posted by: Clockwerk
Roughly how much of your take home, bi-monthly, should be allotted for rent? Not including utilities. I got a better job and I plan on movin' on up, to the east side. To a deluxe apartment in the sky.

You get paid every other month? Suck.

bi-monthly = twice a month

That is bi-weekly..

no...it's not.

 

[TwiceOver]

Anyway... It really all depends. You can't throw out a budget on something like that. How much is the average rent in your area? Then go from there. You can always budget things like food. But it is hard to say "Well I'm only going to pay 10% of my wage to rent". Rent isn't something you can control the price on.

 

[nonameo]

Originally posted by: Alienwho

Originally posted by: hiromizu

Originally posted by: Clockwerk

Originally posted by: TwiceOver

Originally posted by: Clockwerk
Roughly how much of your take home, bi-monthly, should be allotted for rent? Not including utilities. I got a better job and I plan on movin' on up, to the east side. To a deluxe apartment in the sky.

You get paid every other month? Suck.

bi-monthly = twice a month

That is bi-weekly..

no...it's not.

bicentennial is every two years. Semi-annually is every half year.

Just for perspective....

 

[aceO07]

Originally posted by: TwiceOver
Anyway... It really all depends. You can't throw out a budget on something like that. How much is the average rent in your area? Then go from there. You can always budget things like food. But it is hard to say "Well I'm only going to pay 10% of my wage to rent". Rent isn't something you can control the price on.

Semi agree. You can control rent to a certain point if you're willing to live further away or in a smaller/worse place/area.

I pay under 20%, but I have a long commute. If I wasn't cheap and willing to pay 40% I could live much closer to work.

 

[MotionMan]

Apparently bi-monthly is another really stupid English word:

http://www.merriam-webster.com/dictionary/bimonthly

http://dictionary.reference.com/browse/bimonthly

http://www.askoxford.com/askth...ords/bimonthly?view=uk


Semi-monthly is more precise:

http://www.merriam-webster.com/dictionary/semimonthly

http://dictionary.reference.com/browse/semimonthly


MotionMan