2meirl4meirl : 2meirl4meirl

[–] [email protected] -4 points 7 months ago* (last edited 7 months ago) (12 children)

23/hr at full time work (40 hrs/week) is $920/week.

Let's assume that 15% is taken out of each paycheck for taxes and withholdings and such, which leaves $782.

A typical month has 4 weeks, so $3128/month.

Stated expenses are $850+$1000+$400 totaling $2250

$3128-$2250=$878

bruh, if you're not making it with that kind of money, you need to take a serious look at your finances and cut back on things you don't need.

EDIT: I'm not replying to everyone.

There are several expenses that would be expected that were not covered. Those should easily fit inside the $878 monthly fund. I'm not going to go through item by item because they weren't mentioned by OP and everyone will have a different list. The things I'd put on the list absolutely fit, with plenty to spare.

The tax rate is based on my personal experience of being poor in Texas. This was a bit of an asspull, but I did math last year that determined I was losing 13% of my paycheck to taxes and withholdings, and I make a bit less than OP so I bumped it up a couple percent. Texas does not have state income tax, so if that number sounds low that's probably why.

Ultimately, I stand by what I said.

[–] [email protected] -4 points 7 months ago* (last edited 7 months ago) (3 children)

I don't understand why this has so many down votes, it's correct! To have $878 available monthly I'd need to move back in with my mom (aka free rent and occasionally food too). And I'm a junior softer dev, easily among the higher paying jobs for starters. That's some killer money if you got your own place on top, also spending 400 on food? Holy sheep shit.

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[+] [email protected] -16 points 7 months ago* (last edited 7 months ago) (11 children)

$23/hr x 40 hours = $920/wk
$920 x 52 weeks per year = $47,840 per year, gross.
government takes ~25% in taxes leaving you with net $35,880
rent is $850 x 12 months = $10,200
$35,880 - $10,200 = $25,680
student loans $1000/mo x 12 months = $12,000
$25,680 - $12,000 = $13,680
groceries $400 x 12 months = $4,800 $13,680 - $4,800 = $8,880 to spare.

Your annual budget has a surplus of $8,880
Divided over 12 months, you have an allowance of $740 per month.

Honestly you have it better than most people.

Furthermore you don't need $400 in food each month.

Food is stupid anyway; Most Americans are overweight, so you can probably get by on less.

If carbohydrates have not yet been made toxic to your biochemistry via your metabolism being turbofucked to hell by sugar and empty starch, you could pull the red beans and rice plus basic spice hack for staple nutrition. Literally just big fucking bags of dry brown rice and dried red beans.

I see dried red beans and dry brown rice coming in around $1 per lb, and that's DRIED remember - after you soak them and cook them you're getting multiple pounds of food per dollar. You could get your grocery budget down to $100 per month if this is your base-load calorie source per meal and you decide to spruce things up every so often with a dollar here and a dollar there.

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[+] [email protected] -41 points 7 months ago (13 children)

Maybe you should have had some forward looking into what a career would pay before investing that much into college. Hell I made more than that in my entry level job more than 15 years ago.

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[+] [email protected] -43 points 7 months ago* (last edited 7 months ago) (6 children)

Fook that's a lot of money. I was married with kids making $15/hr and we were fine. It's about getting good deals, having no debt, driving old cars you fix yourself, and not blowing money on frivalous crap like Starbucks, food delivery, and endless subscriptions to modern bullshit like media services. You kids waste so much these days expecting to be able to spend nickles and dimes everywhere (screw these new business models that bleed you dry with constant payments).

If you can't live on $50k/yr something is wrong with the choices you're making.

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