25, 55k gross, after moving back home for 1 year and clearing debt, is paying $1356/month in rent too much for my income? (M-HCOL City)
25, 55k gross, after moving back home for 1 year and clearing debt, is paying $1356/month in rent too much for my income? (M-HCOL City) My parents graciously allowed me to move back in with them after a tough break up and a few ill advised financial decisions. This time last year, I had $1500 in cc debt, $4,000 in IRS back taxes and a car that needed $2,000 in repairs. I have paid all of that off and have saved $17,000. I’ve been extremely frugal. I plan on investing $7,000 in a...