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What is a smart % of salary should you allocate towards rent ? Looking for new apartments

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I allocated 27%, then I just moved home to my moms cause I travel almost every week. So 0% now lmaoo

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No more than 30% is the general rule of thumb. But recognize that changes depending on salary, location and other financial obligations you may be responsible for

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Thanks! Thats what I’ve heard too. I travel most weeks so was thinking more max of 25%

In big cities it can go up to 2/3...

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You work at McKinsey.

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So 30% of after tax income?

Yep, 30% of your take home pay after taxes

Do not rent a place. Just flex and stay with friends. Travel :D

I live in The Netherlands and spend 25% of my net salary on rent.

I live in Minneapolis and spend ~12% of gross on rent. 80k salary and spending 700/month on rent.

Haha thanks bud

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