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Money and Finances
Reply to "how on earth can we save a down payment?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] $2,000 Daycare $1,995 Rent $800 Groceries $625 Tuition $250 Credit Card payment $317 Auto Payment $325 Utilities $265 Gas & Fuel $260 Mobile Phone $200 Federal Tax Repayment $221 Student Loans $125 IRA Savings Account $126 Television and Cable $95 Auto Insurance $82 Life Insurance $57 Fees & Charges etc. Our monthly income is $7,500 combined. [/quote] There is a lot of fat to cut here: your groceries are too high. Stop buying so many convenience foods. +200 /mo pay off the credit cards +250/mo dump the smart phones or get the minimum plans (my iphone is $68mo) +150/mo pay your damn taxes +200/mo ditch cable and use rabbit ears +netflix +100/mo (think about ditching life insurance) total: +900/mo; $10,800/yr[/quote]
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