What do you do with your money? Save? Invest? Purchase your weight in Cheetos?
I am still relatively new to this board and I am not asking for advice, I see plenty of threads for that. I am more interested in what all you faggots do.
I make about $4,300 per month after taxes. $400 goes into 401K (up to what's matched), $500 goes into personal stocks, $1,000 goes into savings for a condo/house, $1,900 goes to cost of living, and $400 is blown on actually living out my youth or tossed into savings/stocks.
Any change I have goes into this big square glass thing. When it gets full, I take it to my bank to have it counted and turned into folding money, which is then invested into index funds.
I also invest something like 20% of my paycheck into index funds, and another 10% into dividend-yielding stocks. The rest goes to bills and living expenses.
I make roughly $1300 every 2 weeks.
-I pay $970 for rent
-I'm supposed to be paying utilities but i haven't gotten a bill in 3 months so whatev
-$500 per month goes towards paying off $37,000 in college loans (I don't need to pay off that much, I just choose to)
-$70 - $150 on food every 2 weeks
And that's about it. The rest it hold up in my savings or unless I pay for some entertainment.
I'm planning to be debt free in my late 20s, then I can use the extra money to invest
Salary after taxes: $3370
Housing (rent, utilities)
Living Expenses (Phone bill, gas, groceries, car maint. etc)
Savings (RRSP, personal)
Debt Prepayment (student loans, credit card)
>25% - 40%
What's left usually goes towards my hobbies and entertainment. The reason why my debt repayment is so large is because I'm pushing to clear up my line of credit and student loans by the end of May.
>I'm supposed to be paying utilities but i haven't gotten a bill in 3 months so whatev
Best to get on that before they send you the bill. The utilities provider where I live screwed my bill up and ended up charging me an extra $250 after they discovered I wasn't being billed for sewage.
That's pretty shitty. How do they have a right to charge you late fees for a clerical fuckup on their end?
Why don't I just open up a free motel for everyone, and then charge one giant ass bill at the end when they leave because they weren't making payments every day?
Not late fees but rather fees I never received. I got in contact with them and visited their offices to go over the charges. It was a lapse on their part and was extremely inconvenient for me but there was no denying that the charges were legit.
Trust me, there is no point in fighting over something like this. The best thing you can do when dealing with something like a utility company is ensure that the charges are correct and that they don't over charge you.
Oh alright. I'm fine with paying one large past expense I owed if it's just a culmination of past months. It sounded like you had to pay a random extra $250 on top of the actual bills you received.
But yeah my landlord said something about a bill supposedly coming "mid february" so we'll see