Hello, I m going to try and sum this up fast and easy. I have a child on the way currently due this month, we are both 19, I m currently working making 11 an hour but in about 3 month I ll be bumped to 15 and 1.25 every three months. That being said what s the best way to budget and what can I afford rent wise. The
Hello, I m going to try and sum this up fast and easy. I have a child on the way currently due this month, we are both 19, I m currently working making 11 an hour but in about 3 month I ll be bumped to 15 and 1.25 every three months. That being said what s the best way to budget and what can I afford rent wise. The cost of living isn t high at all here, I was curious what could I afford personally? I told the mother of my child I m not going to let them move in until I m stable on my own. Money wise I make 1,450 a months. I do plan on start college this coming fall have the weekend shift, but that will be paid for through scholarships. My question is how can I budget for get ready to afford a house in the hourly wage boost?
Mike: Rent places usually look at your last month of income, (or proof of a salary if you are just starting a new job). With your income, Apartments are usually looking for income that is 3 x the monthly rent. (AKA, if you make $1450/month, you can afford an apartment rent of $483/month). That said, to move into a more expensive apartment, you may want to wait until your bump up to 15, so you can show a higher income. However, also keep in mind that a newborn will introduce new costs as well. Congrats and Good luck!
Sorry kid, u don't qualify to rent anything Legal here maybe in ur country.
Afford a house! LOL child ur parents haven't explained anything about Reality of money debts to u.
Here u don't qualify for motels by the week.
Ur baby's moma needs to stay home with Parents simple .
U need to stay home with Parents Also.
U don't earn enough to cover real world operating expenses unless u live in homeless shelter or paid off minivan .
U are FEW years easily from moving out.
U been told lies myths hypes scams about how much money they will pay u.
NO company gives 1.25$ pay raises every 3months.
Did you even READ ur statement?
Weekend shift are barely 30 hours week.
Ur PAY going DOWN.
Kid have ur parents Teach you fast.
You need a written budget
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Your monthly income must be 3 times the amount of the monthly rent.
meaningful questions, thank you