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Rent or Mortgage. You should expect to spend between 25 to 30 percent of your net income each month on rent or mortgage. Landlords and property managers typically require you to make at least 2.5 to three times the rent to qualify as a tenant.
You need to charge percentage of spend or a flat monthly retainer. Percentage of spend usually means 5-15% of spend with a monthly minimum. 10% of $5,000 per month is $500, so decide how much effort a client is. Could be great or could be a nightmare depending on the expectations and how much effort you need.