Can you live on 2300 a month

This keeps the girls and I entertained at night. Also look for free activities — like hanging out with friends or family, taking hikes, riding bikes, or fishing. But for those of you who like a variety look online for recipes. You can recreate all of your favorite restaurant dishes for a fraction of the price.

It's simply one way, one approach, to achieving your money goals or getting towards FIRE sooner. The bottom line is that it's possible, you just have to focus on it and get creative about your lifestyle. Alexa Mason is a freelance writer and wanna be internet entrepreneur. She is also a newly single mom to two beautiful little girls. She chronicles her journey as a single mom trying to make it big at www.

Other Options. Get Out Of Debt. How To Start. Extra Income. Build Wealth. Credit Tools. Luckily for you it is. Table of Contents What You Need. To Ensure Success So, this might be much easier when you're single. We all have different reasons for spending what we do. We could have spent a lot more on our house and had a much higher mortgage but we chose not to.

It would be nice to have a higher allowance or a bigger grocery budget, and we probably could work that out, but our priorities are elsewhere. It can be super inconvenient to share a car but we make it work to keep our expenses down. When we first started budgeting, it was hard to find examples of real life budgets. I think it can be helpful to see how others spend their money because you can think about how you would tweak things based on your specific circumstances. Feel free to ask me any questions about our budget or budgeting in general in the comments!

I try to answer them all. With regards to iPhones you might look into Mint Mobile. That's definitely a super high tax! My budget only shows our bills and regular expenses. I don't go into taxes and other things that get taken out of paychecks.

We do pay taxes but they're definitely not as high as yours. I'm glad you get good schools out of it! Its so good to get your budget down so low, I'm working on decreasing our expenses. Its hard because we stay in a expensive area in Florida and we have a small child! I've offset some cost by side hustling at home. Thanks for sharing! If you find this page helpful, please pin or share it : Pin. Click here to cancel reply. Laura Wednesday 10th of November Anne Salter Monday 3rd of July Christine Monday 3rd of July Francie Monday 19th of June Clothing costs can be estimated, based on past experience.

Alternatively, if you are starting a new job that requires a clothing upgrade—suits instead of casual wear, for example—take that into account as part of your planning. Most people have debt. It could be student loans, credit cards, or payments on a jet ski. Those payments have to be made and you should plan accordingly. Be sure to allow for more than the minimum payment when it comes to types of revolving debt , such as credit cards.

If you can't pay your card balance in full, you should pay it off in the fewest possible months to avoid overpaying on interest. If you have a company-sponsored k , list the amount you contribute. Also, make sure you hold back funds for a rainy day or an emergency savings account. Renting an apartment does not eliminate the need to protect your belongings in the event of a loss.

Nor does it remove your responsibility to protect yourself from liability in case someone is injured in your new apartment. The last part of your living expenses list is for the extras, like cable TV, Netflix, movies, dining out, gym membership, or expenses related to hobbies you have. These things are the most flexible part of your living expenses, but you need to list them.

That way, if you find you need to cut expenses, you will have already decided which things are least important. Starting with your actual monthly take-home pay , subtract your total monthly living expenses.

It makes sense to leave yourself a little room to account for expenses you failed to take into account or unexpected expenses down the road.

In some big cities, like New York and San Francisco, the price of a rental apartment may require a greater proportion of your budget. Knowing your limits before your search will save time and put you in a new apartment that fits your finances with far less hassle. Bureau of Economic Analysis.

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