http://woozle.livejournal.com/ ([identity profile] woozle.livejournal.com) wrote in [personal profile] sorcyress 2011-03-22 02:15 pm (UTC)

tangentially

I think people should talk about money more. With real numbers. It seems to me that the social rule against talking about money mainly benefits people who have... a very high X, where Income = X*(value delivered).

There are probably peopleA out there who couldn't deal with anyoneB having even slightly more than theyA do, even if those other peopleB work harder and/or have more obligations to meet, but I think those peopleA are actually not all that common and you probably wouldn't want to be having a conversation with themA anyway.

As for the actual topic of your post: a lot hinges on how much you actually have to spend on rent. I've been told that you shouldn't spend more than about 30% of your budget on rent. The obvious corollary is that whatever your rent is, you should expect to need about 3 times that much income overall in order to meet your other expenses. I'm not sure how reliably true this is.

Oh, and for the historical record: wow, what year was that curriculum written? I first started renting in 1985, and the least I ever paid was $200/month for a seedy semi-legal apartment with a shared bathroom (complete with hoarder to keep it free of toiletries at all times).

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