Quote:
Originally Posted by neilum
Troll thread, it has to be.
If it is not, I love how this kid thinks $60K a year is a lot of money, even living at home.
So you make $5K a month, after taxes you have 3-3.5. After insurance you have 3K take home. - your M payment now you have $2K. After gas now you have about 1750.
Go for it man, you are clearly in an awesome position in your life. It's an awesome idea, I am being serious.
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This is the crucial part right here. It is very hard for a young person to understand household finances before they've lived on their own. I made $55K per year when I first got out of law school (a long time ago unfortunately!) and I was amazed how little money was left over after paying rent for a modest apartment and all necessary monthly expenses.