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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe, but you would be renting a room for $1100 or else living in a horrible area. [/quote]

Its a luxury studio in a safe high rise with subsidized rent because overseas owner had bad experiences with tenants and wants to a house sitter until he moves back to DC in 4-6 years.[/quote]

Wonderful.  You are set!  Make a budget now so you know your fixed costs.

Here is a sample budget -

Rent and utilities - $1,100
Groceries - $600
Gas, parking and insurance  - $500
Medical -$100
Clothes - $300
Gym - $50
Socializing - $450
Beauty salon  - $200
Once a month house cleaner - $200
------------------------------------------
= $3,500
----------

So, after this amount, everything is gravy and you should save some for emergency fund and invest some in an index fund.[/quote]

This list is ridiculous.  I lived in DC as a single lady and paid 1300 in rent.  I did not pay $300 a month on clothes (honestly I might have spent a total of 500 a year on clothes), no house cleaner (for a studio apartment?), no gym (run outside), no parking, no beauty salon (once every three months and not 200).[/quote]

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