Submitted by irishgirl249 t3_zzlx2v in personalfinance
Future-Formal t1_j2cri1g wrote
If I were you, I wouldn’t do it. Spending what is likely a good majority of your average income on rent isn’t a good idea, unless you absolutely have to move out. But, looking at the post, it doesn’t appear to be the case. Typically, you should aim to have below 30% of your monthly income spent on housing. Obviously, with increased rent/home prices these days, that feat is harder, but the numbers aren’t in your favor. Even if you happen to make maximum commissions in a given month, you would still be spending about 35-40% of your income on housing. And if you don’t happen to make commissions in a given month…good luck. I’m really sorry to hear about your breakup, and I dearly hope that you will heal and find love again soon. But, if I were you, I’d stick around at your parents house until you can find cheaper housing (move to another location, perhaps?) or a pay increase.
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