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Rethinking Budgeting: Shifting from Allocation to Aspiration
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Journal Article
Rethinking Budgeting: Shifting from Allocation to Aspiration
2024
Overview
Or that summer training program that will certify you in another line of work? If you are about to graduate and planning to relocate, is renting a shared teaching studio a better deal than finding a home from which you can teach? Two recent reports from Harvard University show the price to own a home reached a 50-year high relative to income (Hermann and Whitney 2024), while more than half of U.S. renters are cost-burdened-one-quarter spends more than 50% of their income on housing alone (Harvard University 2024). Joint Center for Housing Studies, Harvard University. https://www.jchs. harvard.edu/blog/home-price-income-ratioreaches-record-high-0.
Publisher
Music Teachers National Association
Subject
