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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When I was unemployed I cut my expenses to around 900 bucks a month

This was in 2014

My budget was

500 for a room in a shared house
Food 225ish around 50 bucks a week at the grocery store
Car/Insurance/Gas 100 bucks a month
Cell Phone 50
Internet/Shared Utilities 75
Misc 100

Saving isn't hard it's about choices and discipline

Even on a very modest 45k income you can save over 1,500 a month like this[/quote]
What’s your magic formula when you have kids, a modest mortgage, health insurance, student loans, etc?[/quote]

I'd say that first, in taking on college loans....did you go to community college and then onto the cheapest state school you could find after that?  If not, then your student loans were your first mistake.  No one who cannot afford to pay their first two years of school in cash should be attending anywhere other than community college.  Second, if daycare expenses are difficult, I personally would limit myself to one child.  Third, for someone who cannot save, a mortgage isn't in the cards.  It makes the most sense to rent the cheapest studio or one bedroom apartment in a bad neighborhood over being stuck in even a modest mortgage.
I'm saying these things because this is literally what me and my husband did.  We went to community colleges and cheap state schools, worked 20 hours a week in high school and then nearly full time while in college and paid our way through (along with some scholarship money).  We didn't buy a home for a long time but rented in a crappy area--a 300 square foot apartment.  We held off having children for a long time.  This is how you do it.[/quote]

So did your strategy of community college and the cheapest state school you could find land you a good job in your field?  #justwondering[/quote]

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