Adjusting to a single income...

• rydawg5

  The good news is, no one on chatter makes under 150k except me, so you should be fine on 1 income.
• ernest_t_bass

  

  rydawg5;1538972 wrote:The good news is, no one on chatter makes under 150k except me, so you should be fine on 1 income.

  CCRunner teaches gym. Not a chance in hell he makes half that.
• justincredible

  

  rydawg5;1538972 wrote:The good news is, no one on chatter makes under 150k except me, so you should be fine on 1 income.

  I don't make anything close to that.
• dlazz

  justincredible;1538995 wrote:I don't make anything close to that.

  Not even with the OC bux?
• justincredible

  

  dlazz;1538998 wrote:Not even with the OC bux?

  LOL. No.
• ohiobucks1

  

  Can she work nights or weekends? Can you?
• justincredible

  

  ohiobucks1;1539095 wrote:Can she work nights or weekends? Can you?

  She does some part time work for a previous company she worked for already. She will continue to do that as long as she can and is going to see if there is any way to get more hours. I've got a business venture in the works but I need to get off my ass and start it up already.
• ohiobucks1

  

  justincredible;1539105 wrote:She does some part time work for a previous company she worked for already. She will continue to do that as long as she can and is going to see if there is any way to get more hours. I've got a business venture in the works but I need to get off my ass and start it up already.

  Get off your ass. In 2 years ill help you incorporate it for free haha
• Pick6

  

  when are you going to be a homesteader?
• justincredible

  

  Pick6;1539123 wrote:when are you going to be a homesteader?

  That's will take many years to fully transition, and won't happen until we move. There is no timetable set.
• ernest_t_bass

  

  justincredible;1539105 wrote:She does some part time work for a previous company she worked for already. She will continue to do that as long as she can and is going to see if there is any way to get more hours. I've got a business venture in the works but I need to get off my ass and start it up already.

  What's her internship? Counseling?
• justincredible

  

  ernest_t_bass;1539149 wrote:What's her internship? Counseling?

  Yes. College counseling.
• ernest_t_bass

  

  justincredible;1539158 wrote:Yes. College counseling.

  What does a college counselor do?
• justincredible

  

  ernest_t_bass;1539167 wrote:What does a college counselor do?

  Counsels students on the college admissions process.
• dlazz

  ernest_t_bass;1539167 wrote:What does a college counselor do?

  
  
• Ironman92

  

  Sell your 1,000 Barry Larkin cards.
  
  I'll give you $85
• sportchampps

  Invest everything in bit coins in a couple months you could both retire
• McFly1955

  

  My wife and I are in our late 20's, 2 kids under 3 with another on the way...Both went to college, both had student loans...My wife has pretty much stayed at home (she works 1 day per week) since having our first kid 3 years ago. Even with basically 1 income we have aggressively paid down student loans (1 small loan left), only have 1 car pmt and will be gone next year, and we put money into retirement/ira's/529 plan for the kids.
  
  some things that help:
  
  -basic cable only ($15/mo), internet ($40/mo), Netflix ($10/mo). We spend about $75 in a category where most probably spend $200+. Only thing that stinks is missing some live sport on TV, but I can easily stream them if I really want to.
  -cell bills -- mine ($30/mo) hers ($18/mo, still attached to her parents' plan)...We spend $50 where most couples probably spend close to $200
  -We rarely eat out, and when we do we usually just grab take-out...This is probably just once per month. I know a lot of people that spend $100-$150/mo easily just on eating out.
  -Grocery bill is around $350-$400/mo, we go every 2 weeks...For 2 adults, a 3 year old and a 1 year old...I think this is pretty cheap, but not sure.
• Commander of Awesome

  

  Ironman92;1539275 wrote:Sell your 1,000 Barry Larkin cards.
  
  I'll give you $85

  Trying to buy 2 OCs?
• Commander of Awesome

  

  I spend ~$60 a week a groceries. $350 for 4 is pretty damn cheap, you buying the dented cans or what?
• McFly1955

  

  Commander of Awesome;1539382 wrote:I spend ~$60 a week a groceries. $350 for 4 is pretty damn cheap, you buying the dented cans or what?

  lol...I guess the cost kind of scales the more people you add...If you spend $240/mo on your own, adding a 2nd adult wouldn't really add another 240/mo since a lot of things would be shared or make enough for 2-4 people. The kids eat what we eat, so that makes it easy. I'd say we go twice a month and spend around $175 at the grocery store, and I stop once a week or so at smaller stores/markets to restock on fruits, milk, bread etc, usually about $10-15 per trip.
• Pick6

  

  not to mention obvious cost of living differences
  
  If your income is 50k in Columbus, you would need to make 91k in San Fran to be as "rich". Nearly twice as expensive there.
  http://www.bankrate.com/calculators/savings/moving-cost-of-living-calculator.aspx
• ernest_t_bass

  

  I'm leasing 2 cars... like an idiot.
• justincredible

  

  McFly1955;1539376 wrote:-basic cable only ($15/mo), internet ($40/mo), Netflix ($10/mo). We spend about $75 in a category where most probably spend $200+. Only thing that stinks is missing some live sport on TV, but I can easily stream them if I really want to.
  -cell bills -- mine ($30/mo) hers ($18/mo, still attached to her parents' plan)...We spend $50 where most couples probably spend close to $200
  -We rarely eat out, and when we do we usually just grab take-out...This is probably just once per month. I know a lot of people that spend $100-$150/mo easily just on eating out.
  -Grocery bill is around $350-$400/mo, we go every 2 weeks...For 2 adults, a 3 year old and a 1 year old...I think this is pretty cheap, but not sure.

  We already pay nothing for television. Internet is $60+, I still need to call them and tell them to lower our rates. It's been raised over $20 since we got it. We don't do netflix but we do get 1/2 price Amazon Prime which is well worth the $40/year.
  
  We do need to cut back on dining out. We've had a few $600+ months recently. This month we're well under $100 so far, though.
  
  We spend about $60/week on groceries now. That number should be cut quite a bit in the spring/summer as I am expanding our garden and we just had half a beef processed on Monday.
• justincredible

  

  ernest_t_bass;1539442 wrote:I'm leasing 2 cars... like an idiot.

  Another great thing is we've got about $600/month coming off the books in April. Our Fusion will finally be paid off and we will be done with our 12 month financing of our new windows.