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Stock impact report

Reddit asked about rent. Here's what experts say [Yahoo! Finance]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: Yahoo! Finance
A Reddit user recently asked: How much should I spend on rent each month? The poster shared that they recently moved to a new town with a new job and are trying to decide if they're paying too much for their apartment. They don't want to overspend on rent and put their financial security at risk. Many commenters chimed in with advice, citing the popular 30% rule of thumb that says about 30% of gross pay should go toward rent. Some reminded the OP to also factor in an emergency fund and retirement savings. Financial experts generally embrace the 30% rule, but say it's important to consider other factors before signing a lease. Here are five guidelines to keep in mind. Apply the 30% rule, with some customization While spending around 30% of your gross pay on rent is a good starting point, the exact percentage will likely fluctuate from person to person, says Emily Safford, a Philadelphia-area certified financial planner and wealth advisor at financial services firm Girard, a Show less Read more
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