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Getting an apartment that's all yours can feel exciting and new, but it's also something that can be stressful. The best way to be safe is to pay attention to your finances. If you get in over your head with your rent payments, you won't be able to have money for utilities, food, or any fun and relaxation. No one wants to live that way, but people end up there because they take on more than they should. If you want to protect your finances, be smart about it and get an apartment based on income. Sure, you might wish you could get something fancier, but you'll have an opportunity to move up later, once you're more established in your career and you're making more money.

Until you get to that point, it's a lot better to get an apartment based on income, instead of basing your decision on the absolute most you can spend, what others think of your choices, or what you feel you deserve to have. Spending too much might put you in a great-looking apartment, but you won't keep it very long if you can't afford to make the rent payments and keep up with your other bills. Don't starve to death in a beautiful apartment, when you could be eating well in a nice one that's not quite as fancy. An apartment based on income is what a lot of landlords will require, too, and overinflating your income to get a better apartment won't solve anything in the long run.

If you can't pay and need out of your rental or lease agreement, there may be heavy penalties for that - which would end up putting you further in debt. Your broken lease agreement and lack of payment could also end up on your credit report, stopping you from renting an apartment in the future and making things more difficult for you financially. Don't take the risk. It's not worth it, no matter how nice that over-priced apartment is. Only look at apartments within your price range and get an apartment based on income, so you can live with fewer worries. Not being paranoid about paying your bills is a great way to live stress-free and happy.

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15y ago

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