<prompt> Human: Hi there!Background: Single and 23, make 70k annually 2,100 bi weekly and have no student loans car is fully paid.My work pays full health and caters lunch M-F, so I only really pay for dinners at the moment I skip breakfast and just eat a lot lunch since its buffet style.My bills are primarily car insurance 100, and 250 on credit card payments. I also pay 150 for a gym martial arts so always super expensive and generally go out every weekend.Question: Do you think 1600 rent is doable? The location is ideal and I wouldnt have to drive to work.Im generally pretty frugal but Im a little apprehensive about paying 38 of my monthly income on rent Ive been paying around 1,250 since moving out here but my roommates want a nicer spot. What are your thoughts?Thanks!Assistant: 1600 is for sure do able for your income. Edit: Also since you wouldnt have to travel for work you can save on insurance as well as gas.Human: Forgive my ignorance for proper budgeting: Ive always heard to stay away from 40 of your salary going to rent. It seems like 1,600 would be 38 of my income. Am I doing the calculations wrong? Or is this a typically lax rule dependent on circumstance?I guess in other words - you say its doable, but do you think itll feel like a tight budget? Thanks for the advice! :  <response>: You are doing the calculations correctly. The rule of thumb I grew up with is 33 for all housing costs, but Im in a high cost of living area with a high income and am around 45 at the moment. What does that mean? I dont have much for vacations or nice cars right now. In your case be careful, what are your financial goals? How quickly will the CC be paid off? Do you want to be saving for a house or a car? Are you putting away money for retirement?That being said youll be fine if you are careful with other expenses, pay off the CC and then pay it off every month in full. Carrying a balance on a cc is a good way to get poor. 