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[quote=Anonymous][quote=Anonymous]For rent? I make $100K. And I want to save for a house. I already have $20K saved. I am moving to another state, but want to stay here for 1 to 2 more years.[/quote] OP - I'm confused. are you staying or moving out of state? Either way, I would stay under $2000. You're not getting a tax deduction so that's a flat $24K a year for rent with no equity to show for that spend. You're probably clearing about $70K a year? Less rent, that's $46K a year after housing costs. That leaves you with about $3500 a month for savings, groceries, gas, utilities. If you want to save to buy a home, I would stay under $1500 a month if possible...that would give you an extra $6K in savings. [/quote]
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