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re: Finances for Newly Wed

Posted on 4/29/19 at 9:09 pm to
Posted by TheWiz
Third World, LA
Member since Aug 2007
11685 posts
Posted on 4/29/19 at 9:09 pm to
quote:

I mean they are bringing home $250K they can afford a $2800/mo rental


They're not though. Factor in their student loan and TBD credit card debt and they're saddled with some pretty big negatives right out of the gate.

I'm just saying, that seems like a shite load for rent. Is there really nothing reasonable for $1,500-$1,800? They rent for three to four years and potentially eliminate $36k-$48k in student loan debt that much sooner.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 4/30/19 at 8:36 am to
quote:

I'm just saying, that seems like a shite load for rent.



Friend lives in Charleston and it's an expensive town, but even for Charleston $2,800 seems on the high end for a just a husband and wife. I would also suggest finding something cheaper to rent and putting that saved money towards the credit card debt.
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