If you are earning $10,000 in USA, make sure that rent is between $3,000 to $4,000. It should not be more than 50% of your salary. Car insurance should be $200 to $300 per month. You will also need to buy fuel, food and shopping. Below we summarize the expenses you will incur:
Rent—$3,000 to $5,000
Car Insurance—$200 to $300
Food and shopping—$1000
Medical Insurance—$100 to $300
Fuel, electricity,internet,Gas,Water—$1500
Other expenses—$500
You will spend a total of $8000 to $9000 per month. Savings will be $1000 to $2000 monthly.
Ensure that your credit score is good and also reduce unnecessary expenses. If possible, reduce the amount you spend on rent. The $10,000 is enough to take a mortgage. Instead of paying $4,000 rent, pay that money for mortgage.
