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Is This A Realistic Budget For Someone Living Off Of $2060 A Month

Posted on 8/8/18 at 3:37 pm
Posted by OweO
Plaquemine, La
Member since Sep 2009
122527 posts
Posted on 8/8/18 at 3:37 pm
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Not sure if this was really put together by McDonalds and Visa, but either way, is the budget realistic? Obviously it depends on where a person lives, I doubt this is possible in California or New York City, etc.

But $20 for health insurance?
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132620 posts
Posted on 8/8/18 at 3:38 pm to
Health insurance $20 lolllllzzzzzz

Car + residence insurance $100 lollllzzzzzzz
This post was edited on 8/8/18 at 3:39 pm
Posted by The Boat
Member since Oct 2008
178330 posts
Posted on 8/8/18 at 3:38 pm to
2 jobs? Sheeeeeeeeeeet
This post was edited on 8/8/18 at 3:39 pm
Posted by DustyDinkleman
Here
Member since Feb 2012
20371 posts
Posted on 8/8/18 at 3:39 pm to
$600 is pretty cheap for an apartment these days. Unless you live in a bad part of town or a complex that's over 10 years old.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58625 posts
Posted on 8/8/18 at 3:39 pm to
100 buck car insurance? not in LA.
20 dollar Health incsurance, not in the US.
OweO thread.....shite im leaving.
Posted by TDcline
American Gardens building 11th flor
Member since Aug 2015
9504 posts
Posted on 8/8/18 at 3:39 pm to
Where did they factor in the extra $500 in food stamps, the free healthcare, the college grants that many get for having a pulse, and the various other government entitlements?
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132620 posts
Posted on 8/8/18 at 3:39 pm to
El Cid is still around $600 i think
Posted by OweO
Plaquemine, La
Member since Sep 2009
122527 posts
Posted on 8/8/18 at 3:39 pm to
$2060 a month, I sure wouldn't have cable.
Posted by eljusterina
HAMMOND
Member since Jul 2007
3264 posts
Posted on 8/8/18 at 3:40 pm to
No Food? I guess they eat cheeseburgers at work.
Posted by kengel2
Team Gun
Member since Mar 2004
33865 posts
Posted on 8/8/18 at 3:40 pm to
quote:

Not sure if this was really put together by McDonalds and Visa, but either way, is the budget realistic? Obviously it depends on where a person lives, I doubt this is possible in California or New York City, etc.

But $20 for health insurance?


I can tell you it wasnt put together by anyone that has ever been poor much less making minimum wage.
Posted by Bjorn Cyborg
Member since Sep 2016
36536 posts
Posted on 8/8/18 at 3:40 pm to
Nearly half the monthly budget is disposable (minus food, I guess).

A single person could definitely live on that, but that budget is shite.
Posted by Areddishfish
The Wild West
Member since Oct 2015
6538 posts
Posted on 8/8/18 at 3:40 pm to
Yeah, but what you can't anticipate for are unexpected expenses and they are always there. Example, having to replace tire(s). $2,060 wouldn't bode well in BR especially with dependents. Even if you are on your own, that severely limits you. However, based on only making $2,060 a month, you are more than likely using some form of government assistance to get by.
Posted by LNCHBOX
70448
Member since Jun 2009
89386 posts
Posted on 8/8/18 at 3:40 pm to
Yea, not really living on minimum wage when showing 2 incomes What a pointless graphic.

I see no water bill in there either.
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 8/8/18 at 3:40 pm to
quote:

I doubt this is possible in California or New York City, etc.



not to worry. Human garbage i nthose cities force employers to have a "living wage"

Posted by Commandeaux
Zachary
Member since Jul 2009
7881 posts
Posted on 8/8/18 at 3:40 pm to
For $150 a month, he/she must be going to the Credit Clown to get a '95 Neon.
Posted by The Boat
Member since Oct 2008
178330 posts
Posted on 8/8/18 at 3:41 pm to
If this person is making $2000 a month it means they're working 80 hours a week. It might be time for a late term abortion.
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 8/8/18 at 3:41 pm to
no its not realistic, but it at least has an 800 net that will get eaten into.

Edit: just noticed no food budget. frick this thing entirely.
This post was edited on 8/8/18 at 3:43 pm
Posted by LNCHBOX
70448
Member since Jun 2009
89386 posts
Posted on 8/8/18 at 3:42 pm to
quote:

100 buck car insurance? not in LA.


I'm paying right around $200 a month for two vehicles with good full coverage and low deductibles. Not being in NOLA helps
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
74595 posts
Posted on 8/8/18 at 3:42 pm to
quote:

But $20 for health insurance?


I remember when I first got my job my insurance was like $27 a week. Course that was a quarter century ago. Thankfully we’re on my wife’s insurance now because now the same (more or less) insurance is just shy of $500 a month here where I work.
Posted by Centinel
Idaho
Member since Sep 2016
46687 posts
Posted on 8/8/18 at 3:42 pm to
You sure that image isn't from 1998 instead of 2018?
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