Author Topic: what percentage of your monthly net income do you spend on rent + gas/electric (Read 3557 times)

purenaturalstrength · « **on:** February 22, 2012, 01:00:15 PM »

looking to move out of my mother's basement

is it a bad idea or a good idea to live together with training partner to share rent? i see this could be a good idea only bad part is it will be awkward when girlfriends come over etcetra

Voland · « **Reply #1 on:** February 22, 2012, 01:01:12 PM »

i don't pay rent cos i bought my shitty apt. but i pay about 300/mo worth of gas, electricity, phone, water and all that bs.

purenaturalstrength · « **Reply #2 on:** February 22, 2012, 01:03:32 PM »

Quote from: Voland on February 22, 2012, 01:01:12 PM

i don't pay rent cos i bought my shitty apt. but i pay about 300/mo worth of gas, electricity, phone, water and all that bs.

buying an appartment is probably smarter than renting one but i dont think i'm ready to buy

Henda · « **Reply #3 on:** February 22, 2012, 01:03:42 PM »

we spend £120 a month on gas/electric not sure what that is in dollars
mortgage is £215 a lot cheaper that renting

Dr Dutch · « **Reply #4 on:** February 22, 2012, 01:05:12 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:00:15 PM

is it a bad idea or a good idea to live together with training partner to share rent? i see this could be a good idea only bad part is it will be awkward when girlfriends come over etcetra

What has this question gotta do with the threads title ?

purenaturalstrength · « **Reply #5 on:** February 22, 2012, 01:06:40 PM »

Quote from: dutchguy on February 22, 2012, 01:05:12 PM

What has this question gotta do with the threads title ?

sharing a slightly more expensive appartment with a friend can reduce the percentage of my income going to rent i meant

mass243 · « **Reply #6 on:** February 22, 2012, 01:07:50 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:03:32 PM

buying an appartment is probably smarter than renting one but i dont think i'm ready to buy

Noooooot necessarily under the current uncertainty of the future in many places.

Depends also what country you live in. USA and southern Europe are most probably going to take big hittage economically which automatically means depreciation in values of real estate as unemployment raises.

By renting an apartment now and patiently waiting for the prices to drop you can save big bucks.

purenaturalstrength · « **Reply #7 on:** February 22, 2012, 01:09:38 PM »

Quote from: mass243 on February 22, 2012, 01:07:50 PM

Noooooot necessarily under the current uncertainty of the future in many places.

Depends also what country you live in. USA and southern Europe are most probably going to take big hittage economically which automatically means depreciation in values of real estate as unemployment raises.

By renting an apartment now and patiently waiting for the prices to drop you can save big bucks.

interesting

i always thought prices are only going up when it comes to houses etc

Rearden Metal · « **Reply #8 on:** February 22, 2012, 01:11:31 PM »

My rent plus utilities is roughly 1/7 of my net monthly income. The real expense is food/entertainment/clothes.

purenaturalstrength · « **Reply #9 on:** February 22, 2012, 01:12:31 PM »

Quote from: Rearden Metal on February 22, 2012, 01:11:31 PM

My rent plus utilities is roughly 1/7 of my net monthly income. The real expense is food/entertainment/clothes.

you must earn big money

what job do u have?

i gotta get rich like getbiggers

mass243 · « **Reply #10 on:** February 22, 2012, 01:17:29 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:09:38 PM

interesting

i always thought prices are only going up when it comes to houses etc

Haha, even if you're not serious (which I hope you aren't), this is not funny - many people really think that.

Look at what happened in USA few years back when real estate bubble burst.
Look at Spain now... homes are sold at half the price they were sold sum' time ago... and it keeps fallin'

purenaturalstrength · « **Reply #11 on:** February 22, 2012, 01:19:16 PM »

Quote from: mass243 on February 22, 2012, 01:17:29 PM

Haha, even if you're not serious (which I hope you aren't), this is not funny - many people really think that.

Look at what happened in USA few years back when real estate bubble burst.
Look at Spain now... homes are sold at half the price they were sold sum' time ago... and it keeps fallin'

yeah but in my part they have been steadily increasing over the last 30-40 years

SamsonD · « **Reply #12 on:** February 22, 2012, 01:28:42 PM »

All of my bills together(rent, cell, electric, water, tv) are about 1/3 of my take home each month. I have been as high as 1/2 when I made less money and that is as high as I ever want to go.

Rami · « **Reply #13 on:** February 22, 2012, 01:28:48 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:00:15 PM

looking to move out of my mother's basement

is it a bad idea or a good idea to live together with training partner to share rent? i see this could be a good idea only bad part is it will be awkward when girlfriends come over etcetra

sharing rent is a good idea, yet it is awkward at times, but if you work the same job you can save on transportation costs too. It's truly strange how people accepts being scamming out of our money for the oil and electricity.

Voland · « **Reply #14 on:** February 22, 2012, 01:29:59 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:12:31 PM

you must earn big money

what job do u have?

i gotta get rich like getbiggers

he's a getbigger. CEO at the very least.

purenaturalstrength · « **Reply #15 on:** February 22, 2012, 01:32:11 PM »

Quote from: Rami on February 22, 2012, 01:28:48 PM

sharing rent is a good idea, yet it is awkward at times, but if you work the same job you can save on transportation costs too. It's truly strange how people accepts being scamming out of our money for the oil and electricity.

for instance i could get an appartment nearly twice as big with two bedrooms instead of once for 20-25% more rent

if i do this with my buddy i save definitely a lot of money

definitely considering this lately

only downside seems that i dont really know if it would be possible to have my girlfriend basically live there as well and in case he gets a girlfriend how that would all work....

but the money factor seems more important than women matters so we dont need to struggle from pay check to pay check

HTexan · « **Reply #16 on:** February 22, 2012, 01:39:28 PM »

Shit. My mortgage is almost 50% of my income. The first thing I did when i got out of college and got a good job was to buy a new big house in the newest subdivision I could find. Wish I didn't. Why did a guy that didnt have a GF at the time. Need a 4 bedroom house? $:-\$ I made one a gym. And still have 2 fucking guest rooms.

BayGBM · « **Reply #17 on:** February 22, 2012, 01:40:14 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:00:15 PM

looking to move out of my mother's basement

is it a bad idea or a good idea to live together with training partner to share rent? i see this could be a good idea only bad part is it will be awkward when girlfriends come over etcetra

If you're really in shape then your schmoe will take care of those things.

purenaturalstrength · « **Reply #18 on:** February 22, 2012, 01:42:01 PM »

Quote from: BayGBM on February 22, 2012, 01:40:14 PM

If you're really in shape then your schmoe will take care of those things.

i know this is a joke but it's still disgusting

this is what i imagine shane hamman's life to be like in between lifting fake plates

Papper · « **Reply #19 on:** February 22, 2012, 01:45:03 PM »

rent per month is about 23 percent of month inc. after tax

gas and electrics i dont know but per month it isnt much. maybe its 25-28-ish % altogether

BayGBM · « **Reply #20 on:** February 22, 2012, 01:50:49 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:42:01 PM

i know this is a joke but it's still disgusting

this is what i imagine shane hamman's life to be like in between lifting fake plates

Leave Shane alone. Nothing fake here!

purenaturalstrength · « **Reply #21 on:** February 22, 2012, 01:51:14 PM »

Quote from: papercut on February 22, 2012, 01:45:03 PM

rent per month is about 23 percent of month inc. after tax

gas and electrics i dont know but per month it isnt much. maybe its 25-28-ish % altogether

i calculated that when i would do it with my friend at such an appartment, and i'd pay half of rent and electric stuff it would be 27% or so

if i would have to do it by myself in a smaller place it would be more like 50%

soo....

rent appartment with friend? some people have been telling me it's a bad idea if you have a girlfriend but i dont know ... i dont want to be broke

purenaturalstrength · « **Reply #22 on:** February 22, 2012, 01:54:12 PM »

Quote from: BayGBM on February 22, 2012, 01:50:49 PM

Leave Shane alone. Nothing fake here!

holy shit

i meant ANDY HAMMAN

BayGBM · « **Reply #23 on:** February 22, 2012, 02:02:41 PM »

Quote from: purenaturalstrength on February 22, 2012, 01:54:12 PM

holy shit

i meant ANDY HAMMAN

ha ha ha ha

MikMaq · « **Reply #24 on:** February 22, 2012, 02:07:40 PM »

1/3, it could be 1/4th if I made smarter living/working choices.

P.S. I just quit my job, so really it's all my savings.

Author Topic: what percentage of your monthly net income do you spend on rent + gas/electric (Read 3557 times)

MikMaq