Before you start your apartment search, you want to establish a realistic budget that takes into account the following factors:
You’ll also want to think about:
Roommates The more roommates you have, the lower your share of the rent. But maintaining quality of life is equally important. Think realistically about how many people you are willing to live with, then factor that number into your budget.
Stick to Your Budget Once you establish a budget, it’s important that you stick with it. Be smart about savings. Rely on employment and/or family support to live within your financial means.
Need Help Budgeting? 360 Degrees of Financial Literacy is a free service to help you take charge of your personal finances.