I make approximately 75k a year (Maybe up to 83 with bonuses). I’m 24 years old, with around 35k saved up in stocks/savings accounts and 7k in a 401k (only started last year). I’m looking at spending about 1400 a month on rent for a 1 bedroom apartment and I like the unit I toured (not a display unit). It’s super new, and has good kitchen space, plenty of room, with a solid location.
Meanwhile I think the lowest I could find in the area is around 1000 for a 1 bedroom. Location is about the same and the unit would be a bit smaller, bit less modern, and with a cramped kitchen. Do you think I should go for the 1 bedroom to save more or go for the nicer apartment knowing that I’ll be down like 300-400 dollars a month?
I guess it boils down to whether I think creature comforts are more important than my ability to retire early. Has anyone been in a similar boat, and is there any advice you’d give me?
Submitted June 20, 2018 at 09:11PM by Main_Stream_Media https://ift.tt/2K7yVdn