MitsuStyle MitsuStyle

Go Back   MitsuStyle > The Homefront! > The Parking Lot - On & Off Topic

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 03-20-2006   #28
TheBlizzard
 
TheBlizzard's Avatar
 

Join Date: Oct 2003
Location: Red Wing, MN
Drives: Too Many
Posts: 3,184
Send a message via AIM to TheBlizzard Send a message via MSN to TheBlizzard
Re: Anyone know of..

Tripling your rent with gross pay isn't all that much per month. Like I said before, lets say your rent is $800 per month. You split that two ways you get $400 each. That means you need to gross atleast $1200 per month. Gross is before taxes. And if you don't gross atleast $300 per week your going to have trouble affording to live anywhere comfortably.

Full time at minimum wage you would make $246 per week since the minimum wage in Minnesota is $6.15 per hour for larger buisnesses. For smaller buisnesses minimum wage is $5.15 per hour which is $206 per week.

With the economy the way it is I don't know how anybody can even afford to live in the Twin Cities area unless you are making atleast $10.00 per hour. I know people that make far less make it by. But usually they are on some sort of public assistance, and the tax payers are the ones supporting them. Just because you are not on welfare doesn't mean they are pulling all their own weight. There are tons of programs out there for people that cannot make ends meet.

Either way, those rules are usually in effect for your well being anyway. The rules are there so people don't get in over their heads when renting. Its a good rule of thumb to go by even if the establishment in question doesn't require it. There are a lot of expenses that you can plan for and there are a lot you can't, you don't want to leave yourself dependant on a certain budget because things always come up.
TheBlizzard is offline   Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 03:43 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.