Went to a viewing today for a place priced 1300 with paying %30 utilities. It’s a studio. I know so high but this is actually low in my HCOL area. It’s for me and my toddler.
Income one: 700 biweekly minimum (1400/mnth) I’m basing my budget off this just in case I don’t get too many shifts.
Income two: 788 a month (very steady)
My current rent is just under 600, it’s around a 750 increase.
Around $300 in fixed expenses
Childcare is $20 a day on days I work split with partner. So $10 a day for me. I have a friend help me out, it’s not daycare or full time care, just a few hours in the morning. My daycare is subsidized and I pay 0 for it. So starting at 120 for childcare.
No car so no vehicle expenses. Bus pass cost is included in fixed expenses.
Credit card payments: around 100 but would like to pay a bit more towards them
Savings: I have $280 right now saved because I only started this month.
Next month I’m getting paid 6 times. 2 times from work, one time from income 2, 3 times from the government taxes. I expect to get 2688 plus 125 from my grandma so I think I can swing it for first and last, but if I can only get first months there’s a program that will cover last months once for me.
But like going forward, does this seem doable?
