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re: Break it down - your finances

Posted on 4/27/15 at 1:03 pm to
Posted by JonaYolles
Member since Feb 2015
315 posts
Posted on 4/27/15 at 1:03 pm to
quote:

Try to get that down to $500 per month. Compound interest, my friend.


Looking at my Mint acct, I think it may be a bit hard to get it all the way down to $500. Could probably get it down to about $700.

Gas averages $150/month, Grocery about $300/month, the rest is fun money which is where I would cut. I'd say about $100/week would seem reasonable to cut down to. Dates and whatnot. That's $750 without really tightening too much.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/27/15 at 2:25 pm to
These threads always make me realize my spending on food and entertainment is ridiculously high. I budget $750 for each and I rarely fall below that. I am young and single, but if I could get my spending on those in line, I would be swimming in cash. My main goal is to not run out of cash between annual bonuses.
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