This is my first post so I apologize if it’s been asked before.
I am recently single and 30 years old. I work a full time job M-F 8-5 and an as needed job whenever they need me or I can work.
I currently make $17.50/hr at my full time job and I put 5% of my income into a Roth and 5% into a traditional IRA as I didn’t know which was better. My employer matches 3% for a total of 8% into each. On top of all of this, my health, dental, and eye insurance all comes from my paycheck and that leaves me to clear about $950 bi-weekly. I make around $14 an hour at my as needed job so I do not count this income as it is not consistent.
So here’s the breakdown of my expenses. I do not have a car payment, cable, or internet. I do own my home. I have about $250 in savings and $0 in checkings.
Mortgage: $307/mo Cell phone: $116/mo (unlimited everything through Verizon) Student loan A: $4200 ($100/mo) - through my bank Student loan B: ~$20K ($23/mo) - my federal loans which are under income based repayment Water and Electric- ~$200/mo (has been higher since winter) Cars: I have 2 cars- a 2015 Civic and a 1999 Wrangler both paid for but maintenance and gas is roughly $100/mo at most Car Insurance(both cars): $720/ 6 mos Food: ~$150/mo (maybe) I don’t eat out often Personal loan through family: $5000 (no set monthly payment- just pay whenever) Medical bills: Varies- but lately it’s been $400+ each month as I have a heart condition as well cluster migraines that are out of control - and MRIs are EXPENSIVE! Credit Cards: I have 2. One has about ~$400 balance. One has roughly ~$70. Pets/Random expenses: $100/mo if that
If I total my monthly expenses it comes out to around $1K give or take a month as it does vary due to my medical bills. I clear around $1,900 a month without including my as needed job income. So I am unsure as to why I have zero savings and continue to live paycheck to paycheck. I have nothing in collections and everything is paid up to date. I feel like I’m struggling to get air every day and get caught up. My partner did assist with the bills when living here, however the help was not completely consistent and I actually have more money now than I did when my partner was living with me. Do you all think I should get another job on weekends and evenings for awhile until I can get caught up? I don’t live an extravagant lifestyle and the things I do have are not new. So I don’t understand why I can’t get caught up. Any advice would be appreciated!
Submitted April 14, 2018 at 09:16AM by Ht0109 https://ift.tt/2qw3XAA
