Saturday School: Here Is How Much Rent You Can Afford

Saturday School: Here Is How Much Rent You Can Afford
Photo by Yuriy Maksymiv / Shutterstock.com

Many of us fall in love with an apartment or the neighborhood surrounding it. When this happens, we might be tempted to rent at just about any price. But love is blind, and jumping into an apartment lease with your eyes closed can have major financial consequences.

So, before you begin shopping for a rental, do some very basic math. Watch this video from Bank of America to learn a simple calculation that can clarify how much rent you can afford.

Do you have other advice for readers searching for a rental? Share it in comments below or on our Facebook page.

Popular Articles

These Are the 20 Best Hospitals in the U.S.
These Are the 20 Best Hospitals in the U.S.

A familiar name tops this list.

Never Use a Debit Card to Buy These 9 Things
Never Use a Debit Card to Buy These 9 Things

Use your debit card for one of these expenses, and you could risk your bank account balance, your credit score or even identity fraud.

107 Easy Ways to Make Extra Cash
107 Easy Ways to Make Extra Cash

Need quick cash? Here are lots of easy ways to earn extra money from home, from getting cash back when you shop to getting paid for watching videos and playing games.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments