How much rent can I afford? If you’re asking yourself this question, you’re on the right path to success with money. Because when you spend too much on rent, you don’t have as much money leftover to put toward other financial goals. In this video, I give you my recommendation for how much you should be spending on rent each month. Sticking to these guidelines has played a crucial role in helping me pay off over $182,000 of debt in just two and a half years. And they’ll help you win with money too.
What percentage of your income do you spend on rent each month? Let me know in the comments.
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The Habit That Changed My Life: https://youtu.be/oL3eVoReKCQ
My Debt Free Story: https://youtu.be/F-y-NYitK7c
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
