Tags: Dissertation LawAlice In Wonderland Essay AnalysisThesis On Technology In The ClassroomIntroduction For A Research Paper ExampleThe Price We Pay EssayEssay Questions On Money And Banking
Whether you can’t afford to buy a house right now or you prefer renting to buying, you probably don’t want to spend the majority of your paycheck on rent.Avoiding high rental rates can seem nearly impossible in cities where rent is rising faster than income.While you’re figuring out how much money you can set aside for rent, it’s important to think about your current financial situation and how much you’re getting paid.
If the apartments on your list are located in uber-expensive rental markets, getting a roommate might be something worth considering.
Even if you hate sharing, rooming with someone else could save you hundreds (or even thousands) of dollars.
If you simply look at your annual salary before meeting with a broker or a landlord, you could be in for a nasty surprise later on.
Also, it’s a good idea to make sure you have enough money to pay for moving costs, fees, furniture and any unexpected emergency expenses.
Here is a band 8 IELTS essay sample submitted by one of our students.
Send us your writing samples for a free band score estimate or get a detailed analysis of your writing for a fee.While everyone’s circumstances are unique, many experts say it’s best to spend no more than 30% of your monthly gross income on housing-related expenses, including rent and utilities.Under that rule, it’s best to make sure that the amount you spend on rent is well below 30% of your household income.Admittedly, money plays a crucial role in our modern life and most people work hard to earn a higher salary.For example, a lot of employees, who work at Google Inc answered in a recent survey that they were more likely to work more efficiently when the company gave higher prize such as money or commissions.For instance, despite the high salary that talented engineers could get from Tesla, they decided to quit their job and work for Apple Corporation where they could get promoted to senior level positions.So, a lot of large companies are now offering high position as an effective way to retain the motivational levels of their employees.By paying more to employees on the basis of their performance, the employer can keep their motivation high.Do you agree this is the best way to encourage employees?But if you live in a more affordable city where you have more options you could be wondering, how much should I spend on rent?Read on as we answer that question and list the factors you should consider before signing a lease.