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Samantha's gross annual income salary is $34,848. What is recommended maximum monthly rent she should pay?

A. $798
B. $813
C. $1020
D. $1452

User Racoon
by
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2 Answers

5 votes
Financially speaking if you want to be debt free, have a safety net for rainy days of at least 6-8 months expenses and 15% to invest monthly you should spend around 25-30% of your monthly income. In this case that would be answer A: 798$
User Daniel Walter
by
8.7k points
3 votes
Im guessing the answer is C. $1020
User JayJay
by
8.0k points
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