Hello everyone, as the title says I am an engineer struggling in Cali. I was paying roughly $900 of rent sharing an apartment with a roommate. But the roommate during working from home just wasn’t working out, he would hog all the living spaces while I was stuck in my room. So I took a leap and decided I need my own privacy and place to maintain my sanity. Currently,I am temporarily staying with my parents, I have been here for month of Jan, but I am starting to realize attaining my own place is going to be a financially suffocating experience. A studio in Cali in the city I am in goes for $1300-1900…I make a 70k salary after taxes and investments that is literally 50% of my take home income if I pay $1500 of rent. What do I do now? Paying 50% of take home income sounds ridiculous to me. Recommendation are much appreciated. Little bit of financial background I have managed to save roughly 40k in cash for a little wiggle room but I don’t expect to start using that just to pay rent and I do have some other personal investments.
Submitted January 26, 2022 at 10:05PM by Listen-Natural https://ift.tt/3u2PkX3
