Question

You are finally ready to live on your own and you are making $2,600.00 per month. Option 1: Apartment in a decent area, close to your job (bike, walk, bus) that costs $1,650 per month. Option 2: Rent a room in a house that is far from work (car/bus) in a sketchy area of town, that costs $900 per month. Consider your expenses and needs, and choose an option and explain why.

Answer 1

To choose between Option 1 and Option 2, we need to consider expenses and needs. Option 1 is more expensive but closer to work, saving transportation costs and time.

Step-by-step explanation:

In order to choose between Option 1 and Option 2, we need to consider the expenses and needs. Let's break it down:

Option 1: Apartment in a decent area, close to your job

Cost: $1,650 per month

Transportation: No additional expenses since you can bike, walk, or take the bus to work

Option 2: Rent a room in a house that is far from work

Cost: $900 per month

Transportation: You would need to use a car or bus to commute to work, which would incur additional expenses (gas, parking, bus fare)

Based on the information provided, it seems like Option 1 would be a better choice. Although it is more expensive, it is close to your job, saving you transportation costs and time. Additionally, living in a decent area can provide a safer and more comfortable living environment. It's important to consider both the financial and non-financial aspects when making this decision.