how much of my paycheck should I save each month? (to live, price)

[safina1]

Originally Posted by pierrepont7731

I dunno... My advice is to listen to your gut. I wouldn't take that apartment. Most supers are not very good at fixing things. I've had at least four supers, and none of them were any good. As it stands now my super can't even fix the timing with our outside lights, so they come in the morning instead of at night. He keeps telling me it's complicated. I'm tempted to tell him, give me the damn manual and I'll fix it myself, but he's a nice guy so I'm being patient but Jesus Christ. If you're really banking on that super fixing anything, I've got a bridge to sell you. Sounds like that place needs to be gutted. I think you're taking a huge risk doing the work yourself. You have to think about what happens if you damage something. I don't know of any lease where you're not on the hook if you do something that is outside of "ordinary" wear and tear, so that $450 could be much more. I wouldn't risk it. Keep looking. There are TONS of other places in that price range or lower in MUCH better shape. Suck it up and deal with a slightly longer commute.

The building ( it was actually a house) was built in 1890 I think. It was inhibited by a Dutch couple who died childless in that house. I pray that neither of them died in the apt I would like to rent. That would creep me out.
The broker told me that the owner never visits so he wouldn't even know if I change or fix something in the apt.

[safina1]

Originally Posted by Mr.Retired

O kay...............

You are missing one more variable for an exact answer.

38% of ___________= your answer.

In this example I am demonstrating an example on rental not home ownership.
If your take home pay is $100,000 a year that's $3,166 per month rent leaving you with $62,000 or $1,192 per week to utilize paying off utilities,car insurance ,food ,clothing,etc.....
If you are taking home $100,000 per year you should be comfortable and be able to set some monies aside as future savings.

If you make $50,000 per year that's $1,583.00 per month rent leaving you with $31,000 or $596 per week to utilize paying off utilities,car insurance ,food ,clothing,etc.....
If you are taking home $50,000 per year and live on a tight budget you just might squeak by. I don't think there will be room for future savings.

I have always been of opinion that if you want to live comfortably in NY you had better have an income of at least $100,000 a year in 2018.

How much would you spend on rent? I googled it and the answer was 30%.

[Mr. Ryu]

Originally Posted by safina1

The building ( it was actually a house) was built in 1890 I think. It was inhibited by a Dutch couple who died childless in that house. I pray that neither of them died in the apt I would like to rent. That would creep me out.
The broker told me that the owner never visits so he wouldn't even know if I change or fix something in the apt.

Creep you out??? With all those gainz you can debo those ghost out of the apt.

[safina1]

Originally Posted by Mr. Ryu

Creep you out??? With all those gainz you can debo those ghost out of the apt.

How old are you?

[pierrepont7731]

Water, meet oil...

[SeventhFloor]

Originally Posted by safina1

How old are you?

He's old.

Look at his name, gotta call him Mister

Smh

[gentlearts]

It’s important that you are consistent, so choose a sustainable number. If you start young, and save 10% of everything you make, you’ll do great.

[Mr. Ryu]

Originally Posted by safina1

How old are you?

old enough to create a budget on me own..

[safina1]

Originally Posted by Mr. Ryu

old enough to create a budget on me own..

I wonder what a troll's budget looks like?

[Mr. Ryu]

Originally Posted by safina1

I wonder what a troll's budget looks like?

considering the majority of your posting history has been about the same topic...i am not sure if you should be using the word troll..