Rent Is Over 50% Of My Income!

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[Nitro]

I once heard a statement from someone that is so true .. " who you marry will be the biggest financial decision of your life "

[CapitanGreenhat]

Disabled vet here. My rent was 30% of my income.... now it's like 90%

[darkbee]

I've been this guy. Probably one of the lowest points of my life was going around the grocery store with a calculator and having to put some stuff back because it just didn't fit in the budget. I feel for you, dude.

[adamsartjourney]

Downgrade to a 1 bedroom apartment. When I was young and my parents divorced that’s all my dad could afford. My brothers and I didn’t care if we had our own room, we just wanted to be with dad. Start with lowering your cost of living as much as possible then get to work. You got this!

[Chiraisu]

I like how his solution is just "get a different job" as if it's that easy.

[purewonka]

I lived in NYC for many years. People paying 50% of their income for rent is completely normal.

[KHPCLUB]

Sad reality of young people and those on fixed incomes.
Rent has increased so much it's no longer feasible to remain within the budget percentages Dave has set out.

[John-bdfj]

investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good?

[Austinman]

This is exactly what happened to me 10 years ago, I told the judge I couldn’t afford to live in the city and pay real high child support, he and my ex both said not our problem….now 10 years later my situation changed and now my ex wife can’t afford to stay where we live, I didn’t say it back to her but I believe God has now put her where she’s at to show her how she treated me

[anthonydavis]

When my younger brother went thru his divorce, he forced himself to downsize to a 1 bedroom apartment and he had a son to raise as a single parent. It's just a temporary situation but you have to force yourself to change for the better.

[BigNoseDog]

I saw the title and expected the caller to be a 20something who got a really nice apartment because they wanted to live in a cool area. I’m glad this call showed that some people end up in bad situations not because they were reckless but simply because of life events.

[NawlinstoVegas]

What world does this guys live in? Rent is shot though the moon and pay is stagnant.

[mikedoyle]

Marriage is a nightmare when it fails. Financial prison sentence.

[derekstamper]

40-50% is the norm across all America in every state anymore!!

[nicolejennings]

This the reality for most people in 2022. Rent is more than a mortgage payment used to be.

[jeffcarlos]

Most average people pay over 50% of their income and housing nowadays. Housing is way up up up up there compared to the average income.

[johanneslebrecht]

“50% of your take home pay is not mathematically sustainable.”

Tell that to the landlords

[becca]

What I’d like to know is what job that isn’t a doctor or lawyer pays enough money to only spend 30% of your monthly income on rent? Where are these jobs? Nobody is paying wages to match the insane cost of living.

[SensSword]

Family courts seem to be designed to cause the absolute maximum damage possible...

[ela]

Unless a person is making above 30$ an hour it’s going to be 50%