Post: #26

(10-03-2013 10:45 AM)Bill Wrote:  This was the question, right? - As I said I don´t pay rent. Yes I do have some other costs which are extremely low as I am here in Ankara. I am owner of the flat, the taxes and fees are very low here in Ankara,, it´s almost nothing. Also flats are quite cheap. About 30k Euro.

I also do want to make your style of trip to other countries but the hotel costs suck. Let´s see. - One has to live and work (Salsa teacher?) in a good country and own a flat. Paying rent sucks. - In Munich I paid almost 40% for rent.

40k USD for a decent flat? Can foreigners own a flat in Turkey?

THink you can get Russian girls to visit in the winter?

I start making enough to buy one in about three months work soon.
God I hate paying rent, but living in shitholes is even worse.

Post: #27

(10-03-2013 05:15 PM)iknowexactly Wrote:  

(10-03-2013 10:45 AM)Bill Wrote:  This was the question, right? - As I said I don´t pay rent. Yes I do have some other costs which are extremely low as I am here in Ankara. I am owner of the flat, the taxes and fees are very low here in Ankara,, it´s almost nothing. Also flats are quite cheap. About 30k Euro.

I also do want to make your style of trip to other countries but the hotel costs suck. Let´s see. - One has to live and work (Salsa teacher?) in a good country and own a flat. Paying rent sucks. - In Munich I paid almost 40% for rent.

40k USD for a decent flat? Can foreigners own a flat in Turkey?

THink you can get Russian girls to visit in the winter?

I start making enough to buy one in about three months work soon.
God I hate paying rent, but living in shitholes is even worse.

I am not investing energy in girls at the moment but when I probably move to the coast I will certainly meet some chics there. - Here in Ankara the environment is better for reading, learning and planning stuff at least for me which is ok at the moment as I am a minimalist.

Many foreigners buy properties in the coastal regions. The prices are quite ok. But as an American you might have better options with countries close to the American border. Also in the matter of girls Turkey might not be a good option.

Post: #28

Ideally it shouldn't be more than 22-27%. I have student loans so I essentially just use it as a rent subsidy but minus the loans I would be at 78%, with about 20%. Toronto is rape and what's worse about it is there is no uniformity in prices. Some girl can have a nice rack and swoon a landlord and pay 600 for my apartment, while I pay close to a grand. This girls lives with two other broads 10 mins away from me, if that, and pays 50 bucks less with two roommates.

Post: #29

No income at the moment, so that's 0%. That doesn't mean I'm not paying rent though, just that 0*n = 0.

Post: #30

I pay 3000 Chinese RenMinBi per month for a comfortable 36 square meter studio in Shanghai. That's roughly 500 USD. I made about 31,000 RMB last month after taxes(although I'll make more in the coming months). Utilities amount to only 180 RMB or so, so that's about 10% of my income.

Thing is, my work gives me a stipend for 3000 RMB so I don't really pay much of anything in the end.

Before coming to China, I was paying $750 per month for a studio in Long Beach, CA plus basic utilities while earning $2500/month after taxes.

0% versus 30%.

Tough call there, right?

Post: #31

(10-04-2013 01:08 AM)kosko Wrote:  Ideally it shouldn't be more than 22-27%.

i feel like that's impossible downtown unless you share. as high as my 37% sounds it could've been way higher were it not for my admittedly above average salary.

now consider an average late 20s early 30s guy, making, say, $42k/yr or $3500/mo. say after taxes, CPP, EI, etc. he has 80% left, or $2800. the ideal 22-27% rent is $616-756 for him. now where's he gonna find something in that range for himself lol. i've seen bachelors going for as high as $1100. i don't know how some people do it.

Post: #32

30% after tax, but with an awesome place in South Beach.

With no car needed and no state income tax its a great deal IMO.

Post: #33

I live at home so 0%. If I were to leave (been considering it), my rent would be around 50% for an efficiency (studio). I would also have to give up my transportation. If I wanted a full one bedroom that number would jump to about 66% pre-tax. Probably not going anywhere for a while. Morris County NJ is fucked up when it comes to property.

Post: #34

(10-04-2013 01:08 AM)kosko Wrote:  Ideally it shouldn't be more than 22-27%.

I would need to earn £34100 (US$54650) to hit 27% on rent. My accommodation would be one room in a five bedroom flat in an ex-council house estate in London. Can touch both walls in my room standing still.

Surely 27% is too low to pay as a percentage of income on rent. At least for some cities.

Post: #35

earning $5,200 a month, renting for $485 so around 9%

Post: #36

(10-02-2013 10:56 PM)JayJuanGee Wrote:  

(10-02-2013 05:34 AM)Handsome Creepy Eel Wrote:  Holy fuck, I envy you guys. For me it's 35% (just rent, no electricity or similar stuff). I track my expenses with much detail, so I know that my expenses are structured roughly like this:

35% rent
20% fixed expenses (electricity, water, trash disposal, internet, phone)
22% food
8% health and hygiene (medicines, sanitary products, dentist)
10% fun (drinks, eating out, travel)
5% savings

HCE:

I like how you broke this down, but I find your numbers a little stressful. High rent and low savings. I imagine by savings you also mean investment like 401K or something like that?

It is stressful indeed. I could reduce rent by renting just a room (or having a roommate) instead of a very small apartment like now, but then I'd be better off just moving back to my parents' place. It gets tight sometimes, although the freedom is worth it, particularly as far as game goes. I have close to the average wage (800 vs. 940 $ / mo) for my country and I can't imagine how anyone with a smaller wage could pull off living alone. It's no wonder that most people here either live with their parents or move to family's other apartment (if available) when they get married.

By savings, I mean several bank saving accounts to earn interest on the money I saved up. I have a few of them in my "rotation": one "expires" every month, one every three months, and one every year. That allows me to get a reasonable interest rate while always having something extra available in case of emergency.

The good thing is that, as my income increases (hopefully it will), the expenses are going to stay fixed, but my savings will increase.

Post: #37

33% after taxes at my main job, I'm making shit for pay right now.

I live in a busy beach town on the west coast. I negotiated a lease which allows me to sublet my small 2 bedroom place within sight of the water and pier and short walking distance to the restaurants/shops/bars.

The sublet allowance has allowed me to lower my rent by nearly 5% of my after tax income by renting the other bedroom out for more per month.

Post: #38

23% after tax

I have super low expenses elsewhere. I eat for free. Paid off car. Not a big spender. I spent a shitload last year on clothes and goods that I'm still using this year. No T.V.

This year I'm saving 39-47% of my income depending on the month and pop-up expenses.

Post: #39

Studio, top location 45% net income (most utilities included). Warsaw, Poland.
And this is low price for the location, and average pay in Warsaw.

Post: #40

Way too much! About 50%.

Post: #41

22% including everything. Place is small but location is prime.

Post: #42

About 25% after tax with a spare bedroom for hosting guests, good relatively central location though. Might move to somewhere more central but smaller apartment soon.

Post: #43

About 42%.

Go Southern California.

Post: #44

I think I'm at 60%... but I'm a student living in central Munich.

Post: #45

I'm at about 25% but I'm in Manhattan currently. I think that is a decent percentage for a twenty-something. So many tool bags pay about 40% - They should move city.

Post: #46

Clearing around 5k-6k a month, got a room in a house with some buddies... $475 all in, probably the cheapest in Calgary, Alberta! 8-10% of my income haha, will be moving in my own place in November, looking at $1000~

Post: #47

45%...I am lucky...I live in L.A. (Miracle Mile a block from The Grove). People in my complex are at about 60 to 70%, which is common I hear for prime spots in the major metropolitan cities (LA,NY,MIA).

Post: #48

33.3% after tax covers rent and all household bills except food.