Can I afford a $2000 apartment?
I make a base of $120k. Take home is $7k monthly (after taxes & $800 in 401k). Expenses are around $3500 currently with rent being $1200. I try to save $3000 a month. I’m okay with bringing savings down a little. Can I swing it?

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Depending on where you are in your career, that’s fine - I’m guessing you’re fairly early on. You’re saving aggressively, which is great, but you can dial that back a bit if you want a nicer place.

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Yeah, i’m 25 and already have a decent chunk of money in savings & retirement. I plan on this being my last year renting so I wanted to live somewhere nice :)

Just remember a nicer apartment has higher fees. Water, Electric, Garbage, & Parking etc.

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You definitely can

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By your calculation and saving target, it's a no you cannot keep to current expense and target goals and have 2k appartment. You can afford it but something must give. Do you have Roth ira? Why only 800 per month in 401k?

What do you spend $2300 per month on, outside of rent? Do you have room to come down there at all? Also, do you earn a bonus as part of your annual compensation? I was paying $3,600/month in rent when I earned $120k base, but my savings strategy was to save my entire bonus and allow myself to spend my entire base salary.

Car note, utilities, insurance & other bills probably come up to $1000 (or more). Then theres, food, miscellaneous, travel, charity, shopping & personal care

Yes you can. On avg rec is no more than 25-30% of salary towards housing. I think having savings of 2k-3k/month is great. Most ppl aren't able to do that. However, you have to think about when you want to retire and what your financial goals are for retirement and weigh if it's worth it.

Why are your expenses so high?

I don’t think they are high. Base rent is $1200, with water gas & other fees its $1400. Then car note, insurance, gas & other bills (internet, electricity, phone etc) probably come up to a thousand. Then theres food, shopping, personal care, travel etc.

You can definitely swing it. Given how high your expenses are already, I would focus on increasing your savings such as contributing toward Roth IRA and the maxing our 401k. Seems you are living well already without sacrificing too much.

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