Ash Cash featured in Reader’s Digest Article “How Much Should You Spend on Rent? Money Experts Reveal the Truth”

Be flexible

Keep in mind that it’s important to stay flexible depending on your situation. “If you live in a big city and need to spend more on housing due to work and the current rental market, it’s OK to do so as long as you adjust some of your other discretionary spending,” says Ash Exantus, director of financial education at BankMobile, a digital banking platform. “For example, if you live in a city, you won’t have to budget for a car since you can use mass transportation.” Unfortunately, you can plug in those numbers as much as you want and still come up short as certain housing markets in the United States are so expensive that it’s not possible to accommodate that budget item. Here are the U.S. cities with the most expensive rents.

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