Budgeting for your first rental can be somewhat tricky, particularly if you’re new to money management. You might be a recent graduate or just landed your first job. Whatever the case, you might feel you’re ready to be independent.
Moving into your first rental is a big life milestone and while it can be thrilling, it has its share of responsibilities. As such, recognizing how to budget for your first rental is significant. After all, you’ll be responsible for rent and other expenses. Here’s a list of out-of-pocket expenses you can expect.