Said It Here

How much can I spend on rent and bills?

Figuring out monthly spending limits requires listing every recurring expense—from rent and utilities to insurance and groceries—and subtracting them from your total income. Without a clear breakdown of these fixed costs, it is impossible to calculate true savings or determine how much money remains for personal use.

What people tried

Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.

  1. 1
    Staying with parents to bank savings
  2. 2
    Using the 50/30/20 budgeting rule

In their words

Unedited, most upvoted first, each linked to the thread it came from.

What's the maximum I can spend on an apartment including utilities?source ↗

How much for personal use?source ↗

How much on groceries?source ↗

& how much towards savings?source ↗

CompetitiveTap9871 · r/personalfinance

So how much would all bills cost? Electrical, plumbing, mortgage, health insurance for both of us, car insurance, cell phone bill, gas for the car, internet? Give me a rough amount how much all this will cost a month because I know I’ll be paying most of it and the main reason why I’m asking is because I wanna know how much profit I’ll be making every month.source ↗

AlteredG919 · r/personalfinance

Where this came up

People with this problem also raised