Factor in those perks when comparing the cost of rentals. An on-site gym, for example, could save you $100 per month or more on a gym membership. And in-unit laundry equals savings on time and money versus coin laundry or trips to the laundromat. » CALCULATE:Should you rent or buy?
How much you should spend on a car is a finely balanced question. It depends on several factors, not least your financial situation, the type of car you’d like and how you hope to pay for it. But with some research and legwork, you can find an option that’s right for you. Then...
Save what you can: Find room for savings and decide how much you can allocate, even if you adjust it month to month. Once you have created your budget, check it often and look for more ways to save money — it’s not just about what you make, it’s about what you keep, and eve...
The U.S. Department of Agriculture devised a formula that dictates how much you should spend on groceries. See how you stack up.
Housing costs are thebiggest expensemost people face, so knowing how much you can afford to spend can be key to staying on top of your budget. However, that amount is not always clear. As a rule of thumb, financial planners commonly recommend spending no more than 30% of your gross inco...
How much should you save before moving out? Even if you think you know how to live on your own, you’re probably still wondering: How much money do I need to move out? Everyone will have a unique answer, says Cook, because the cost of rent, your lifestyle, and other factors can ...
How Much Should You Spend on Clothes? Most financial experts say to keep clothing spend to around 5% of your take-homepay for the entire family.So, take whatever your monthly pay is and multiply it by .05 and that is the MAX you should spend in a given month. Or multiply it out by...
And for those staying within the guidelines, any remaining income is theirs to save or spend as they would like. Some ideas: First, pay down high-interest debt. For other goals, like paying for a child’s college or wedding, you could use the remaining income to save for them. And ...
Saving is key to your long-term financial success—there’s no doubt about that. But since everyone is on their own financial journey, there’s no one-size-fits-all answer to the question: How much should I have in savings? “You want to think about your various savings goals, how the...
How much? Did you take on new debt? How much, and how long will it take you to pay it off? "Start by gathering all your credit card statements and receipts from your holiday spending. Don't just look at the total – categorize your spending to i...