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TopicLiving paycheck to paycheck sucks.
wolfy42
01/17/18 12:31:52 AM
#12:


Unless you have kids or are supporting a sick loved one, there is no reason to ever live paycheck to paycheck even if your making minimum wage and working part time.

Even in fairly expensive areas (just not like the bay area or New York), you can usually rent a room for about $300, and still get a roomate situation in many for $200 or so a month.

Outside of possibly qualifying for food stamps in many places if your making very little income, and the use of food banks etc, just buying cheap food (tuna fish/bread/eggs/cereal/pasta etc), can let you easily live on $25 a week for food.

That is $300-400 a month for expenses. Which depending on the min wage whereyou live, is 1 weeks worth of work.

You could in theory save $1000 a month in that case while getting minimum wage and working 30-40 hours a week.

Things like internet etc often come with a room rental, or, if you do the roomate thing, you all split the cost, so it's a very small charge.

Entertainment is super cheap, again, 1 netflix account can work for a whole home worth of roomates, so like $2 a month for pretty much unlimited shows to watch.

Avoid spending alot on going out for drinks etc, or on expensive hobbies, and you can save quite a bit. If you just want to save half of what you make, that would actually give you quite a bit more money to enjoy yourself with, eat better, and even afford a car if you wanted...while still saving a good $500-$600 a month.

So yeah, if your living paycheck to paycheck, and your single, then it's choices you are making that is causing the issue.
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