Hey all… I just laid out my budget for 2025, and I’m looking for some feedback. My total monthly income is $8,626, and after all my expenses, I’m left with $4,121 each month. I have no savings or investments, and I’m dealing with some health issues that might affect my job soon. Any opinions on how I could adjust this budget? Just hoping for some advice or support today.
Have you thought about cutting the lottery payments? That could help with your debt situation.
Marlowe said:
Have you thought about cutting the lottery payments? That could help with your debt situation.
Yeah, that might be a good idea! What do you think the chances are of winning?
Marlowe said:
Have you thought about cutting the lottery payments? That could help with your debt situation.
Honestly, it’s a tough call. But putting that money towards debt could really help.
Your leftover amount seems pretty good, but I’d recommend creating an emergency fund if you can.
Chen said:
Your leftover amount seems pretty good, but I’d recommend creating an emergency fund if you can.
That’s a solid point! Even a small fund can make a big difference.
Chen said:
Your leftover amount seems pretty good, but I’d recommend creating an emergency fund if you can.
Definitely! It’ll give you some peace of mind with everything going on.
I think your overall expenses look reasonable for Miami. Just keep an eye on those subscriptions!
Tan said:
I think your overall expenses look reasonable for Miami. Just keep an eye on those subscriptions!
Yeah, it’s easy to lose track of those. Have you considered cutting any?
Tan said:
I think your overall expenses look reasonable for Miami. Just keep an eye on those subscriptions!
For sure! I dropped a few subscriptions last year and it felt great.
It sounds like you’re doing your best with a tough situation. Just keep adjusting as needed!
Eliot said:
It sounds like you’re doing your best with a tough situation. Just keep adjusting as needed!
Exactly! Flexibility is key when life throws challenges your way.
Eliot said:
It sounds like you’re doing your best with a tough situation. Just keep adjusting as needed!
True! And it’s great that you’re managing your credit cards responsibly.
Just remember, you’re not alone in this. Lots of people are in similar spots.
Shiloh said:
Just remember, you’re not alone in this. Lots of people are in similar spots.
For real! Don’t hesitate to reach out if you need someone to talk to.
Shiloh said:
Just remember, you’re not alone in this. Lots of people are in similar spots.
Totally! We’re all here to support each other. You got this!