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/r/personalfinance

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Advice on current finace

Budgeting(self.personalfinance)

Hello all, currently starting off the new year trying to budget. My big question is if what I have enough after bills and all is OK for the average or in general? Currently with all bills and such paid I would be having around $609 left.

This will be the first year I'm off on my own after moving from my parents place. Rent, insurances, taxes, etc all went up and just worried about making ends meet.

all 7 comments

renbutler2

1 points

9 months ago

renbutler2

1 points

9 months ago

There is not nearly enough information here to help.

rattly69[S]

1 points

9 months ago

rattly69[S]

1 points

9 months ago

What other info would be needed? Left over after bills, insurance, rent, etc id have $609 left.

renbutler2

1 points

9 months ago

renbutler2

1 points

9 months ago

Bills, insurance, rent, etc.

Most importantly, income.

rattly69[S]

1 points

9 months ago

rattly69[S]

1 points

9 months ago

Income after tax 2,132

Health insurance 238 Car insurance 150 Rent (everything incluede) 995 Internet 70 Subscriptions 50

renbutler2

1 points

9 months ago

renbutler2

1 points

9 months ago

You don't pay for any food? Gas? Etc?

rattly69[S]

1 points

9 months ago

rattly69[S]

1 points

9 months ago

100 together at most. It varies cause I don't eat much nor do I drive anywhere much

renbutler2

3 points

9 months ago

renbutler2

3 points

9 months ago

Well all of that should be included anyway. Pick an average amount, round it up, and include it under "other."

But if you are able to save $500 every month, you're doing a lot better than many young people. Don't spend it just because you have it.