Whatever one can afford depends completely on his/her income and another share of expenses, like education loan instalments, groceries, basic clothing, etc. There are different logics you can apply to set up how the rent will be deducted from your salary & help provide apportionment of the remaining. Let’s have a look as given under: 1. The 30% rule Precisely, this popular rule of thumb is about spending 30% of
Considering the 30% rent rule? Learn its pros & cons & discover alternative budgeting strategies for renters with Home Credit India.