HOW MUCH MONEY DO I HAVE TO MAKE TO AFFORD THIS RENT?
The lease is 4/mo and I also hit a automobile commercialism of 5/mo and every my another bills. How such money do I requirement to attain per assemblage to give my possess apartment?
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As a genral rule of thumb, rent should never exceed 25% of your gross salary. If you exceed this, you will not be able to save so you can become a home owner.
Also few lessons from successful savers, They avoid car payments and often buy used cars, they live a lifestyle well under their income, and they do not carry cardit card balances.
Before getting out on your own you need an emergency fund if things go wrong. Ideally 3-6 months expenses.
If all this sounds daunting I sugges you get Dave Ramsey's Total Money Makeover. It is the bestbook ion money managemetn for those who are not wealthy and who may in fact be deeply in debt. You will invaluable information there – I did!!