COUPLE EARNING $4.3K/MTH, BUT MONTHLY EXPENSES $3.4K – ASKS “HOW SCREWED ARE WE”
Singapore Uncensored·2024-02-20 12:05
I, 25, married, make a combined monthly income of $4,352. My wife and I are both the same age and we’re young.
Neither of us were really taught the importance of money in our lives and we never saw credit cards as debt. We just saw it as a way to buy crap now, pay for it later.
We’ve taken out multiple loans(some for legitimate reasons like huge unexpected stuff that has come up, and I’ll be honest, a few that were down right dumb)
Our rental a month is $1610. At the time, we needed to move immediately and that was the only place near us that could move in that week. We plan on finding a cheaper place when our lease is up in February
After all our monthly bills are paid, we’re paying about $1400 in bills. This is all of our credit cards, loans, actual bills(like WiFi, car insurance, electricity, etc) and after our monthly expenses of about $400 for groceries for the month, we’re at about $800-$900 left over.
We’ve managed to save about $3000 so far. I plan on getting a weekend job to help with costs and pay stuff off.
I know my money going out is absolute crap compared to the money coming in and we screwed ourselves over, but how screwed are we? Is there still time to turn this around?
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Fuck Y0ur$elf 22/02/2024
i earn 1k a year talking about screwed who is more screwed you guys or me. i been waiting to go for my first driving courses now in 1 month and few more weeks time soon
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Fuck Y0ur$elf 22/02/2024
i more damn screwed than you
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Bro Chick popcorns 22/02/2024
I guess non local . So I zero sympathy:))
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Senthil Kumar3858 21/02/2024
You gotta look review your finances see whats needed or not. Like is the car is necessary for you given your state. And reduce high expenses like restaurants, branded goods, etc.. Also rental market is still on the high side though dropping abit, may not get that much lower rental. And lastly hope you guys can find a better paying job soon too. All the best.
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Ted andy reply Senthil Kumar3858 24/02/2024
one person don't know to think and save excusable two person together don't know how to think and save no medicine cure
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Rina Low reply Ted andy 25/02/2024
This is called "birds of a feather flock together.". Anyway, they're still young, not to late to know the importance of $$ and how to save for raining days.
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happy n peace 22/02/2024
go for cheaper food n bring water bottle along to cut down on buy beverage n cook meal at home n use piggy bank to put in coin n notes at the end if month see how much u save write down the month what is the necessary thing u need
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