Personal finance blogger Mr. Money Mustache suggestsyou consider the commuting costs as well.
Apartments and rentals, on the other hand, are in abundance.
With some savy searching, youre bound to find an apartment for a decent deal.
But remember that you’re free to lose some of that money, too.
When you rent, thats the landlords problem, not yours.
If you want a savings plan, just save money on your own.
When you own your home, thats all on you.
That can add up to a lot of work on your part, or a lot of moneyor both.
Each of these emergencies require money to fix.
When you rent you pay a set dollar amount every month.
That money you saved to go on vacation?
Now its going toward fixing the sink.
That landscaping project that was only supposed to cost a couple hundred bucks?
Whoops, now its looking like it will be well over $1,000.
As a renter, you pay the same amount every month no matter what needs to be repaired.
That consistency makes it easier to save money.
(After all,it can be good to job hopwhen youre young.
You should also consider your lifestyle.
A pool would be nice in the backyard, right?
Or go for an apartment complex with a pool and staff to clean and care for it.
Image remixed by Nick Criscuolo.
