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Experts recommend that you budget approximately 30-35 percent of your gross annual salary on housing, but many people don't realize that rent is not the only expense in that calculation. Make sure you don't get caught short by following these budgeting tips from our Springs leasing team.
Where Should You Start?
The 30-35 percent figure is a guideline, but depending on your lifestyle you may be able to afford a bit more or a bit less. Start with your monthly take-home pay and subtract fixed expenses such as car payments as well as necessities like groceries and clothing.
These lifestyle-based expenses will give you a more personal estimate of how much you can expect to spend while still being able to live comfortably. So, which housing-related costs should you take into account next?
Other Budget Items to Account For
With amenities such as 24/7 fitness centers, resort-style pools and car care areas, Springs apartment homes offer luxury living at an affordable price. Stop in today and learn why our Springs pledge means the ultimate in excellent customer service!
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