Renting: Good idea? House? Apartment?

posted 3 years ago in Home
Post # 3
2072 posts
Buzzing bee
  • Wedding: September 2014

I think you need to figure out how much renting an apartment will cost and see if it is realistically financially feasible for you. Be sure to take into account not just the monthly rent, but also the security deposit, cost of furnishing the apartment (assuming you don’t already have furnishings), utilities, internet, groceries, etc.  Compare this to your income and other expenses to see if you can afford to rent a place at this time. Since your income is variable be sure to err on the conservative side. Do not budget as though you will be making $1500 every month if you on,y make $800 some months. Depending upon where you live, it may or may not even be possible for you to get your own place with your present financial circumstances.

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