(Editor's note: This article was written by MoneyMax, the Philippines’ foremost online platform for comparing financial and telecom products and services, for ABS-CBNnews.com. Find out more at MoneyMax.ph)
MANILA, Philippines - How much of your budget do you allot for rent? Financial experts recommend using up 25% of your monthly paycheck on your rent or amortization. This is a fairly big amount, and your budget should revolve around the rent and the way you want to live.
We’ve done the research and compared the average rental costs of in Makati, Taguig, Pasig, and Quezon City. If you’re looking to move into these cities, make sure the rental costs fit in well with the rest of your budget.