>USA
>single, childless, debtless
>make $25k a year
>$21,718 after fed and fica taxes no state
>$1809 a month income
>$800 a month rent and utilities
>live with roommate(s)
>split cost
>$400 a month
>$62.50 a week for groceries
>$250 a month for food
>gas for car, say you live 20 miles away from work and like to drive around sometimes
>0.15c per mile, 40 miles a day, plus extra for weekly grocery trip and fun
>$200 a month
>phone subscription
>$50 a month
>auto insurance
>$100 a month
>health insurance
>$100 a month
>total for everything: $1,100 a month
>700 a month leftover
>working full time fast food
>$17,280 after taxes
>$1,285 a month
>still $185 leftover
wait...so what's the problem again? the only way you can have money problems is if you have special conditions i.e you live in an extremely shitty and expensive city or state like NY LA, cali, washington, miami etc, have children and or debt and or are in a relationship with a woman. If you got a bus pass instead and ditched the car you'd have $1,000 a month leftover at the 21,718k after taxes job and $485 at fast food
USA
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>$800 a month rent and utilities
>split cost
This is where you're going wrong. A studio apartment in the cheapest nearby neighborhood is $1,100-$1,500 and I don't live in any of the places you listed.
Occasionally you can get a good deal like $800-900 for a single non-ensuite bedroom in someone else's house.
no, that's where i'm right, you have special conditions, you live in a shit place, so of course you're going to find shit prices if you live in a shit place and the only areas you can think of for pricing is your "nearby neighborhood"
plot a 20 mile radius from your work location using a tool like freemaptools.com
what state / area do you live in where rent is $1,500 a month btw? you know those are literally so many better locations you can just move to where rent and utilities is even less than $800 right?
those include, but are not limited to:
>dallas, TX
>fargo, ND
>oklahoma city, OK
>kasnas city, KS
a 1 bedroom in dallas is $650, a 1 bedroom in fargo is $450, oklahoma city is $425, and kansas city is $475
if you lived with a roommate that cost would be cut in half meaning you could be paying $215 in rent
>25
>KHV
> 3k a month
> $400 Rent (studio apartment)
> $75 Cellphone (unlimited 4g data)
>$80 Insurance
>$200 Car payment
>Gasoline about $100 a month
>Food about $200 a month
>Gym membership $20
Not too bad desu
I saw that PHP developers earn about 200k-400k per year in San Francisco. Is that true? If so, I wondering, how can somebody earn much less when working on common job.
i live in an expensive city and for an example op in fast food would make 10k more a year before taxes than he does now.
>takes home 87% of gross
lucky
indeed, what's your job title and state if i can be mr. cia?
you'd have to be very, very competent in order to land a position like that, but probably i wouldn't doubt it, i'd say a more realistic range would be $125-150k, that range is for top performers
i'm too mathematically stupid to do any programming though, i could try but it would take me many years of constant learning and practice just to reach intermediate but i don't even have the willpower to do anything in programming, i dislike the field
>doesn't take home 87% of gross
the state with the highest tax burden in the nation, new york, is 13.04%, which is 19.8% for $25k
shitty state detected
move you idiot
Aside from the fact that the rent listed is unrealistically low, the problem is how short sighted this approach is. If the smallest thing goes wrong with your car or health you're fucked. If you do manage to get by on those amounts, you barely have any extra money to do anything besides go to work and sit in your house. The MAIN problem is you have nothing left to meaningfully contribute towards a retirement account. You'll work until you die, probably at a young age. If none of this bothers you then more power to you I guess, but I'd be willing to put money down that towards the end of your life you'll look back on how unfulfilling and dull it was and be crushed by a wave of regret. I can't blame you for thinking this way though, I was the same way in my late teens early 20's
>make $25k a year
>$21,718 after fed and fica taxes no state
Ok but i make like 8K at best.
>Aside from the fact that the rent listed is unrealistically low,
the prices of rent you think are normal are unrealistically high
>the problem is how short sighted this approach is. If the smallest thing goes wrong with your car or health you're fucked
no, if the smallest thing goes wrong with your car or health insurance pays for it
i already included auto and health insurance, and you already have $1000 a month leftover accumulating into savings
>If you do manage to get by on those amounts, you barely have any extra money to do anything besides go to work and sit in your house
you can just leave the house if you don't want to sit in the house you know, what do you want to do, go to luxurious VIP nightclubs and book table service get drugs and hookers everyday of every night?
a bottle of wine, 6 rack of onion rings, barbecue combo, and chocolate cake plus tax is $63 at a midrange restaurant ("Jack Stack Barbecue - Freight House" in kansas city)
2 craft beers and 2 cocktails plus tax at a bar is $45
a movie ticket, drink and popcorn plus tax is $30
a monthly gym membership is $25
parks are free
so let's say you go to the bar on friday, a restaurant on saturday, and the movies on sunday every week, you've still only spent $552, leaving you with $448 leftover
but if you made dinner parties and movie nights at home you'd only pay for groceries and alcohol, so let's say for example you make salad soup and lasagna with wine on friday, chili cornbread and beer on saturday, and chicken tacos on sunday after a movie everyday, you'd only spend $300, leaving 700 leftover
i get raped sideways by everything. i take home maybe 60%, im in MD.
>The MAIN problem is you have nothing left to meaningfully contribute towards a retirement account.
why not? after 5 years, you will have 60k and can thus invest in real estate and or an s&p 500 / vanguard fund and crypto, among many other things, which is far better than any "retirement" account, as unlike a "retirement" account, it is a real tangible asset that actually generates passive income on its own indefinitely thus growing your wealth with each passing year
people who blindly fall for the ira / roth ira / 401k scam are financially illiterate and usually don't understand basic economics and finance, as there's no way someone who does would ever believe that doing that will benefit you in the long run
>You'll work until you die, probably at a young age
why?
>If none of this bothers you then more power to you I guess,
by saying this you are implying that there is something that bother me
>but I'd be willing to put money down that towards the end of your life you'll look back on how unfulfilling and dull it was and be crushed by a wave of regret.
likewise, except you'll run out of money with your retirement account once you figure out you can't actually live on the scraps of money you had the way you thought you could or die before the age of 59 and a half or 70
>I can't blame you for thinking this way though, I was the same way in my late teens early 20's
thinking what way? you mean, you disagree with me and think your views are superior to mine and your age would somehow make you also superior to me?
i'm 34 btw, nice try though
do you work part time?
so you also have special conditions, you live in a shitty location
the solution to this is to move locations
2018, the year that burger flippers will tell MDs how it is.
People are stupid and helpless and want an ever growing bureaucracy dictate the minutia of their own and everybody else's lives.
>do you work part time?
Yeah, but I don't think I can get a better job. I live in a rural shithole and I refuse to do something degrading like flipping burgers.
I'd just get a second job but my manager schedules me at the most fucking random shifts ever, scheduling would be a damn nightmare.
intelligence has nothing to do with self-control, personal financial and lifestyle management, and economics, these things are simply a subject field and part of life that one must acquire knowledge and understand of to excel in, i'm not saying i'm an expert, but we just might know a little bit more than the average person
there are plenty of professors in universities with PhD's who are quite frankly, dead broke and in heaps of debt
>Yeah, but I don't think I can get a better job. I live in a rural shithole and I refuse to do something degrading like flipping burgers.
well there you go, the only reason you're stuck is because you don't want to work in fast food
you don't just "flip burgers" by they way, you're placed in a single position and there are many, cashier, driveway cashier and janitorial are some others
with the money you save from fast food, you can move to a different location that's not a rural shithole, like one of the locations i listed in personally i recommend fargo ND if you like snow cold peace and queit, and dallas TX if you like sun heat and a little bit of noise, oklahoma city OK or kansas city KS if you want a little bit of both
allow me to give you a sample plan for your escape a goal to hit once you're there:
>don't even have a car or anything
>live with parents or family relative or something
>work for 6 months or so full time at fast food or some other working class job
>do craigslist gigs and use as many gig apps as you can like wag, deliver food on a bike for ubereats etc as much as possilbe
>save 15k
>Used 2007 Toyota Camry LE
>$2,800
>drivers license, vehicle registration and registration fees
>$365
>total to get driving: $3,165
>$11,835 in savings after getting car license and registration
>move out and work
>$700 every month accumulating in your savings
>$20k in savings after a year
>$28k after 2 years
>$36k after 3 years
>$45k after 4 years
>$53k after 5 years
>buy small 1-2 max fixer upper bedroom non-hoa condo / apartment / house in full cash and fix it
>no rent, only utilities
>$150 a month utilities
>auto insurance $100 a month
>health insurance $100 a month
>food $250 a month
>gas $200 a month
>total living cost $800 down from $1,100
bump originally in oregon
>$62.50 a week for groceries
>$250 a month for food
Huh?
>Huh?
what is perplexing about that?
It's contradicting.
how is that contradicting?
62.50*4=250
you must be in some special tax bracket to pay so little. also you may get buttraped by state taxes come tax filing time
i appreciate this post. it's like an instruction manual