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Forum » About to spend 40% net monthly for rent...What do you spend?
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Thread: About to spend 40% net monthly for rent...What do you spend?

post 1452842253 07-15-2016, 07:43 AM
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#121
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Originally Posted By im2manly⏩
ITT people who rent or live in bumble fuk USA

A $2k a month mortgage in the North East, which does not get you a great house (i.e. probs like 1,200 sq feet) would mean you'd have to net $8,000 a month to be at 25% of take home. Which means you'd have to make ~150k--which isn't crazy but i doubt many people ITT pull that
this... these threads always turn into people subtly mentioning they make 200k + a year..


but seriously.. i pay 1150 a month, thats 3.50% of my net..
post 1452882923 07-15-2016, 12:06 PM
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#122
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post 1452932603 07-15-2016, 05:29 PM
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#123
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post 1452935013 07-15-2016, 05:50 PM
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#124
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28% of my net on a mortgage.
post 1452941953 07-15-2016, 06:44 PM
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post 1452980473 07-16-2016, 12:06 AM
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#126
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post 1452980533 07-16-2016, 12:07 AM
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#127
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net?

my tax situation sure is fun but roughly 10-12%.


current at like $2100/month for this penthouse but that includes a deal (1 free month since i signed a 14 month lease) and it also includes the internet and cable thankfully. (cox gigablast boyo)
post 1452992203 07-16-2016, 03:48 AM
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#128
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post 1452994433 07-16-2016, 04:46 AM
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#129
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Spending only 40% would be a dream for most living in London and the SE of England. 50%+ is typical FML.
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post 1452994703 07-16-2016, 04:52 AM
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#130
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post 1452997003 07-16-2016, 05:32 AM
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#131
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Originally Posted By Yachty⏩
net?

my tax situation sure is fun but roughly 10-12%.


current at like $2100/month for this penthouse but that includes a deal (1 free month since i signed a 14 month lease) and it also includes the internet and cable thankfully. (cox gigablast boyo)
so you're earning 250k ish a year? what do you do?
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post 1452997813 07-16-2016, 05:47 AM
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#132
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I use World of Warcraft gold.
post 1452997903 07-16-2016, 05:47 AM
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#133
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40% You dun goofed. 30% MAX.
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post 1452999533 07-16-2016, 06:13 AM
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#134
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I spend 700 USD on rent including internet, water and heat. That's about 65% of my income, lmao... But I'm a student.
When I'm working full time post graduating I'll probably spend 15-25% of my income on rent, including utilites.
40% is more the less money you earn. A guy earning 50k USD a month and spending 20k on rent is not spending too much on rent, imo. But a dude making 2.5k and spending 1k is.
So it depends on your income OP.
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post 1453001763 07-16-2016, 06:53 AM
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#135
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post 1453001863 07-16-2016, 06:55 AM
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#136
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Right now $0.00/mn. (Not mom's basement, either)

I'm the luckiest mother fuker on earth. Serious.
post 1453002693 07-16-2016, 07:08 AM
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#137
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Originally Posted By Dirtylocks⏩
fukkin this I swear...

The pay rate has not increased with the cost of housing in my state. It's bullsh*t.
People with good jobs are the only ones who should have houses - people will _bad_ jobs should have room mates.
post 1453003133 07-16-2016, 07:14 AM
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#138
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our accelerated mortgage payment comes out to about 1/3 of our take home.
post 1453006033 07-16-2016, 07:53 AM
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post 1453007043 07-16-2016, 08:04 AM
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#140
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Originally Posted By bsmit107⏩
14% of Net Income for rent/bills

....But add my student loan payment to that and it becomes 31%

So yea Fuk me, right?
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