how much of your pay should you spend on rent
The Mint, a budgeting and personal finance web site, recommends you spend no more than 33% of your gross (pre-tax) income on housing, meaning that on $50,000 you should spend no more than $16,667 per yearaâ¬âyearÃ¢ or$ 1388 perâ¬âmontha monthÃ¢ on rent. and utilitieshis means if you earn $50,000 per year, you should spend no more than $15,000 per yearaâ¬âyearÃ¢ or$ 1250 perâ¬âmontha monthÃ¢ on rent. and utilities