Alright friends, it's time for yet another "it's your money or your life" post. Quick background information time: gf and I want to get married and move in together. As per our frugal nature, we are planning on a very cheap courthouse wedding with our close friends and family, "white dress" wedding will be put off till we can afford it. However...she doesn't have a job lined up yet in my area. As common sense would go, employers highly prefer locals who are already living in the area. We expect it would take her 3 months or less to find a job once she can officially prove that she lives in the area.
Anyway, in the interim where she is looking for a job, obviously the bills would fall to me. However...the math looks like we would actually be just fine. Take a look at my numbers and tell me what you all think.
Estimated Rent: 685
Estimated Renter's Insurance: 17
My Car Insurance (Car itself is fully paid off): 125
*Quick note here on car insurance, this rate will go way down once I turn 25 this year
Estimated gas budget: 50
My Health/Dental Insurance (automatically comes out of paycheck): 68.58
Phone plan + Phone Payment: 58
Estimated Groceries for two people: 384
*Source: USDA
My medical prescription: 25
My hourly rate: 14.84 at 37.5 hours a week plus opportunities for overtime
With these numbers, even accounting for months with zero overtime, I'm posting about a thousand in the green after all expenses, taxes, and health care deductions. Her parents will temporarily be paying for all of "her" expenses such as her health insurance, gas, her car, etc. Thoughts?
Edit 1: All utilities are included except an optional cable plan, which we won't be buying.
Submitted May 26, 2017 at 09:48AM by thatonecoolkid99 http://ift.tt/2roPNDw
