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Then the said person should be smart with their money and make sure they have a savings account that will cover at least 6 mths of living expenses.
When I say 'living expenses', I'm not talking about your smart phone account, your gym membership, your eating out, your cable tv, your internet,...I'm talking about rent, utilities, transportation.
Just because you fell on hard times doesn't mean the landlord has to let you out of anything. Can they? Yes. Should they? Depends.
Well all that happens in a perfect world. Like i said, if someone has to use those savings and then experience a layoff then they can no longer stay at the apt.
Well all that happens in a perfect world. Like i said, if someone has to use those savings and then experience a layoff then they can no longer stay at the apt.
Nope, no need for the world to be perfect for that to happen. One just needs to be smart with their money and not live beyond their means. It's really simple actually.
Nope, no need for the world to be perfect for that to happen. One just needs to be smart with their money and not live beyond their means. It's really simple actually.
So if a person has no way to pay the rent then what should they do? Because they certainly can't stay at the apartment. So it's no point in waiting around for he landlord to evict them when they know they can't pay the rent.
So if a person has no way to pay the rent then what should they do? Because they certainly can't stay at the apartment. So it's no point in waiting around for he landlord to evict them when they know they can't pay the rent.
Again, if they were smart with their money and their budget, they'd be able to afford where they're living.
And you're right, no need to wait to be evicted; but if you were smart in the first place and didn't live above your means, you wouldn't have to break the lease and move.
Your rent/mortgage payment should never be more than 24% of your income. EVER. If you don't the rentals that fall into your price range, get another job.
Well all that happens in a perfect world. Like i said, if someone has to use those savings and then experience a layoff then they can no longer stay at the apt.
If you choose to live paycheck to paycheck, then you are placing yourself in a very vulenerable financial position long term. There are many ways to live below your means if you are a single, able bodied adult. Those choices aren't always ideal, but neither is dealing with an eviction.
Sometimes this means: working two jobs, starting a side business, taking work that pays well but not something enjoyable, living with a roommate/s, living below your means to start with, selling your possessions, using public transportation instead of having the expense of a car, living with family for short periods, etc.
I know too many people that are severely disabled and have few options, than to feel sorry for healthy people that repeatedly make imprudent decisions, and then complain when they have to suffer the predictable outcome.
Again, if they were smart with their money and their budget, they'd be able to afford where they're living.
And you're right, no need to wait to be evicted; but if you were smart in the first place and didn't live above your means, you wouldn't have to break the lease and move.
Your rent/mortgage payment should never be more than 24% of your income. EVER. If you don't the rentals that fall into your price range, get another job.
If you choose to live paycheck to paycheck, then you are placing yourself in a very vulenerable financial position long term. There are many ways to live below your means if you are a single, able bodied adult. Those choices aren't always ideal, but neither is dealing with an eviction.
Sometimes this means: working two jobs, starting a side business, taking work that pays well but not something enjoyable, living with a roommate/s, living below your means to start with, selling your possessions, using public transportation instead of having the expense of a car, living with family for short periods, etc.
I know too many people that are severely disabled and have few options, than to feel sorry for healthy people that repeatedly make imprudent decisions, and then complain when they have to suffer the predictable outcome.
What's wrong with should? It is not clear enough for you? Ok, like Wire said, change it to must. You must never, ever, take on a rental or mortgage payment that is more than 24% of your income.
And yes, you choose to live paycheck to paycheck.
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