Saturday, March 25, 2017

Bad idea to move out only making 2.3 times the rent?

So I keep hearing about the rule where you should make 3 times your rent, or at least 2.5. Problem is, I only make 2.3 times the rent of this place I want to move into. But, I've mapped out my budget and I don't see a problem - I could afford gas, groceries, phone, internet, utilities, etc. With money to spare. So why do people act like if you don't make at least 2.5 your rent you're gonna go broke living on your own?

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