Posts Tagged: Apartment Budgeting

MFA IRL: How Much Rent Can Olivia Afford?
MFA IRL: How Much Rent Can Olivia Afford?

MFA IRL: How Much Rent Can Olivia Afford?

  |   By AuthorMy First Apartment
We are starting today a new series, MFA IRL or My First Apartment In Real Life, where we answer selected reader questions that were posted in the comments. You can also email your questions/comments to Editor@MyFirstApartment.com. Olivia, 23, moving out of her parents’ house later this year, asks: “How much rent can I afford?” Income:…
5 New Year’s Money Resolutions You Can Actually Keep
5 New Year’s Money Resolutions You Can Actually Keep

5 New Year’s Money Resolutions You Can Actually Keep

  |   By AuthorMy First Apartment
These simple money tips by Alex will give your 2019 a great start. Maybe last year’s resolution to hit the gym and drop 10 pounds didn’t work out so well, nor did that plan to write a best seller. Perhaps you were over-reaching a bit. Luckily, a new year means new beginnings and a chance to make realistic…
3 Top First Apartment Money Traps and How to Avoid Them
3 Top First Apartment Money Traps and How to Avoid Them

3 Top First Apartment Money Traps and How to Avoid Them

  |   By AuthorMy First Apartment
This post is aimed at all you new grads starting to plan for your first apartment. Watch out for these three money traps that can foil your plans for getting your dream apartment or bust your budget once you get one. Trap #1. Your Car Your car? What does your car have to do with…
First Apartment Budgeting Boot Camp: Brit and Billy
First Apartment Budgeting Boot Camp: Brit and Billy

First Apartment Budgeting Boot Camp: Brit and Billy

  |   By AuthorMy First Apartment
Your first apartment budgeting boot camp continues. Today we look at two real life examples, based on questions we have received from two of our readers, Brit and Billy. (Next week’s lesson will cover apartment budgeting when you are moving in with your significant other.) Brit: “Hi there, I’m also looking to move out of…
10 Costs First Time Renters Don’t Think About
10 Costs First Time Renters Don’t Think About

10 Costs First Time Renters Don’t Think About

  |   By AuthorMy First Apartment
By Stephanie Lynch If you recently found the perfect apartment — congratulations!  It can be pretty time consuming to find the right area, amenities, landlord and price.  There’s nothing better than walking into an apartment and instantly clicking with it. While signing the lease to your new apartment may be exciting, most apartment tenants, especially…
How Much Rent Can I Afford on My Hourly Pay?
How Much Rent Can I Afford on My Hourly Pay?

How Much Rent Can I Afford on My Hourly Pay?

  |   By AuthorMy First Apartment
2017 Update: You can download our new Printable Apartment Budgeting Worksheet and use it to estimate your rent and budget for all your expenses. The basic target rent formula that landlord’s use is annual before-tax income divided by 40. When you are on a straight salary estimating the number is easy. However, if your are…
Ask Yourself These 6 Questions When You Are Budgeting for First Apartment Expenses
Ask Yourself These 6 Questions When You Are Budgeting for First Apartment Expenses

Ask Yourself These 6 Questions When You Are Budgeting for First Apartment Expenses

  |   By AuthorMy First Apartment
The amount of rent is obviously the most important consideration in your first apartment search, but there are several other factors that can make or break your first apartment budget. Before you fall in love with an apartment, ask  yourself these six questions and factor your answers in when you are budgeting for apartment expenses.…
How to Save Money on Food
How to Save Money on Food

How to Save Money on Food

  |   By AuthorMy First Apartment
Food can get expensive, especially if you add eating out at restaurants to your cost. Redesigning how you buy and cook can save you a lot of money on food. Whether your budget needs organization, you need to clip coupons, or you need to learn better meal prep, saving money on food is definitely doable.…
9 Easy Ways to Make Extra Cash
9 Easy Ways to Make Extra Cash

9 Easy Ways to Make Extra Cash

  |   By AuthorMy First Apartment
As you move into your first apartment, hopefully you have taken some time to budget your expenses, plan for each month, and add some savings to your account. If not, now is the perfect time to start (for tips, click here). If you’ve found yourself slacking to add money to savings, or just want a…