On mobile; sorry for formatting.
I just got my first job after college. It’s pretty low pay for cost of living tbh. Monthly income: $2750.
Rent is high in my area, and after all is said and done it looks like I’m only going to have $208.93 leftover every month. Here is a breakdown of what my expenses are:
Rent: $1230 ($1210 + pest control ($4) + trash ($16))
Utilities: ~$200 (water, electric, a/c)
Car payment: $251
Private student loans: $199
Car insurance: $97
Food: $200
Gas: $80
Internet: $44
Apple Music: $4.99
Nintendo Online: $4.00
Xbox online: $9.99
Phone: $20.08
Total: $2341.07
$2750 - $2341.07 = $408.93
I’d like to be able to save at least $200.00 a month, so if that’s the case I’d have $208.93 leftover.
I have around $7k saved from my college job, so thank goodness that’s there for emergencies. I can cancel my extra fun charges like Xbox and Nintendo online, which will save me about $15/mo. Unfortunately I have no other options for rent at this point. I’m in a 1 bedroom. $208 leftover just doesn’t seem like a lot at all, and I’m definitely concerned about things coming up or going wrong and screwing me in the end.
What do you think? Is this okay for my first year? Raises and bonuses are a thing at my job so I think this will be the only year with such low pay.
Submitted July 14, 2021 at 10:30PM by cosmic8bit https://ift.tt/3wGKOLt
