Length: 4:08 Description: Goes through the calculations you can do to know how much rent you can afford. Hits on utilities and extra charges.
Experts recommend only spending between 25%-35% of your after-tax income on rent and housing. So let’s say your pay after taxes is $1,500 a month. Ideally, you shouldn’t pay more than $525 a month on rent.
Buying furniture and decorations for an apartment can be costly, but there are a lot of places you can visit to save yourself money.
Honestly, groceries were the most shocking expense I had to come to terms with. My mom always prepared my food, and while living on campus, I just ate at BD; swiping my card without considering the price. The reality about groceries is that you can't avoid paying for them just because they're expensive. Eating is a basic need we can't forgo. Luckily enough, there are tips on how to save money for groceries.