Moving into an apartment can be a big deal. You want to make sure that you are able to find a place that is just right for you, one that has the space and great amenities that you would like, and also a location that will be close to all that you would like to do and see. But in order to make your dreams a reality, you will need to sit down and come up with a good budget that allows you to pay your bills, put some in savings, and reach all of your financial goals.

There are a few  different types of budgets out there that you can choose to go with. But one option that is popular and can really help you divide up your income, no matter how much you earn, is the 60% solution. If you have never heard about this budgeting technique, you may wonder what it is all about and why it may work well for you. Let’s dive in a little bit and learn more about what makes this a great budgeting technique to use.

For some people, the spreadsheets and tracking of expenses is going to be something they live for. They can build up that savings and have a ton of money put to the side with the help of all that. But for others, this can seem like a lot of work and it can turn them off of budgeting. If you tend to fall into the latter group, then you will find that the 60% solution may be the right one for you to choose. You will simply divide your income into two categories, 60% and 40%.

With the 60%, you will pay for all of your necessities like the rent, your utilities, and any other bills. This can also include the other items on the list that you feel are important like your gym membership or some of those subscriptions. The rest can be split up how you would like to help reach financial goals like paying off some of your debt, saving for retirement, or going on a vacation to name a few.

Come and take a closer look at some of our  Katy Legacy rental homes. We are confident that you will love these units and be ready to call them all your own in no time. With lots of space, luxurious amenities and features, and so much more, you will want to sign the lease and move in as soon as possible. Contact a member of our team today to learn more and to take a tour of some of our great rental homes.