There are a lot of things to consider when it is time to move into a new apartment. You need to consider the amount of space that you need, the location that is going to be good for you, and what amenities that you will need to call your own. But before you jump in here and decide all the different benefits that you would like, consider your budget and how much you would be able to afford on your new apartment.

There are a number of different budgeting methods that you can choose. But one option that a lot of financial experts are going to agree on is the 50/30/20 rule. This is a rule that will have you divide up your income, no matter what it is, into the following categories:

# 50% of your income needs to go to the fixed costs that you can’t change. This can be your groceries, utilities, transportation and rent. You can mess with some of them, like changing the temperature in the apartment or working with a meal plan to cut down on groceries, but you still need to pay something for them.

# 30% of your income will go towards some of your wants. This can be for things like your memberships, shopping, dining out, and entertainment to name a few.

# 20% of your income is for some of your savings and your goals. This can be things like paying down your debt and doing some savings for the future.

You can mess around with these numbers a bit and get them to line up more with what you would like to see. For example, you can cut down on some of the wants so that you have more money for your debts and paying those down, or to put more into your retirement as you get older. This is going to make it much easier for you to mix and match, but the original numbers will help you here.

It is time to find the right home that will work for you, giving you the comfort and style that you would like in your new home. If you are uncertain where to start your search, then come check out some of our apartment rentals in Katy to see why they are the right new home for you. We welcome you to look at some of the amenities and more that we are able to provide. Plus, add in a nice location, and you will want to move into the apartment unit as soon as possible. Contact us today to learn more and to take a tour.