![]() ![]() Splitting household bills will also cut down on living costs. Splitting the cost of rent with a partner or friend can make it a lot cheaper and open up more options. It’s a good idea to visit and speak to your housemates before moving in, so you can make sure you all get along. 960 for wants like shopping, happy hour and concerts. It’s also an excellent way for people moving to a new place to make friends. 1,600 for needs like rent, utilities, groceries, insurance and minimum debt payments. Looking a bit further out of the centre of a city or town can sometimes be cheaper.įor first-time renters, moving into a shared home can be a simple way to save money on rent. For example, you may have planned on living in a house, but there could be a decent flat in your price range. The following might help when looking for a home to rent using your new budget:īeing flexible about the location or choose a different style of property can help you get more for your money. If you’ve worked out a budget and know your top end for spending on rent, you might not be able to live exactly where you imagined. Way you might be able to reduce your rental costs From the amount left, figure out how much you could afford to spend on rent and how much you can put into your savings.Īlways leave spare money for emergencies or seasonal costs (think birthday presents, weddings, Christmas). Subtract these outgoings from your after-tax wage. They will probably have an average amount that they can provide. You can also ask the landlord or letting agent if they have an idea of the costs for bills in your area. Remember that bills are not automatically the same when you move – council tax may increase or decrease, as will energy and transport costs. To begin, create a budget, including food, travel, social, subscriptions, savings and bills.īills should include council tax and utilities like energy and water, TV licence, broadband and digital TV services and insurance. Working out your monthly outgoings can help you to understand how much you can afford to spare for rent. How much does it REALLY cost to live in Finland Estimate your housing costs, transportation, healthcare, food, and entertainment expenses in Finland with. ![]()
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