Final answer:
When your gross income is $2000 per month, according to the '30% rule,' you should not spend more than $600 per month on rent and housing-related expenses to maintain a healthy budget.
Step-by-step explanation:
The question relates to creating a budget based on your gross income, specifically focusing on how much to spend on housing expenses. A common rule of thumb is the '30% rule,' which suggests that you should not spend more than 30% of your gross income on housing. Therefore, with a gross income of $2000 per month, you should not spend more than $600 per month on rent and related expenses to stay within a responsible budgetary limit.
Calculating this is straightforward:
Multiply your monthly gross income by 0.30.
$2000 * 0.30 = $600.
This result confirms that for your given gross income, you should aim to keep your housing expenses at or below $600 per month to maintain a balanced budget.