Posts Tagged: housing budget

How to Navigate a Housing Budget
How to Navigate a Housing Budget

How to Navigate a Housing Budget

  |   By AuthorMy First Apartment
The general suggestion for rent is 30% of monthly income, but many people end up paying far more. In fact, 1 in 5 millennial parents report spending 50-59% of income on housing, according to a 2016 report from the National Endowment for Financial Education. Crazy, right? Due to rising rental rates and fewer available units,…