I'm trying to figure out how much I can afford to pay for rent. I just graduated in December and landed a pretty decent job. I know the rule-of-thumb is about 30% of your gross salary, but I have some expenses that I think will change that. Here's some details:
Income
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Salary: $65,000
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Take home/mo: $3,550
Primary Expenses
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Car: $218/mo
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Student Loan: $450/mo
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Cable/internet: $115/mo
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Phone: $115/mo
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Gas: $90/mo
I really don't know how much I can afford to spend on rent considering the student loan payment is a significant portion of my take home pay. Please help, and thank you in advance! :)
EDIT: Formatting
EDIT2: I live in the Louisville, KY area.
Submitted April 07, 2017 at 10:24AM by Mdude2312 http://ift.tt/2nSAL3i
