Hello Personal Finance, So I live a pretty cushiony life with my mom, and have no desire to move out anytime soon. She subsidizes a lot of my costs and treats me often. I have dropped out of community college a total of 2 times now, and had only good intentions but traditional college doesn't seem to work with me.
I'm making 11.25 an hour in the East Bay Area in California, obviously not a liveable wage. I pay $400 a month to my mom in cash, and that is basically the end of my required bills. It covers rent and car insurance for me. My total income is around $1200 a month net pay, and I have a total of 4 credit cards in my name.
Anyways, I'm starting to get bummed because despite basically being a grown man, not only do I not have any savings, but I'm in debt for video games and other things of the same caliber. How can I steel myself to achieve my financial goals of buying a better/nice car and one day owning a house, when it feels like I'm stuck in near minimum wage jobs with very little hope of moving up within the next 5 or 6 years? Should I just pay off my cards and add money to a savings account?
I desire nice things but obviously it's only so sustainable with near minimum wage jobs...
Submitted August 27, 2017 at 05:27AM by PF_Min_Wage_Help http://ift.tt/2xDAoOC
