Just not making enough money

Log in or link your magazine subscription. At first, this may not seem as big, but as you run up your balance and your credit card payment goes up, the problem will only become worse. After all, the Dr.

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I couldn’t make enough money playing jazz, so I had to open up the health-food place. I just wanted to bake bread and make enough money to marry my girl. Trying to make enough money to feed his kid. I make enough money to provide for my entire family. I make enough money for the both of us to live comfortably. You won’t make enough money by selling knives. But my goal was always to make enough money to do the things I really like.

Credit Card Spending

If you are constantly struggling to make ends meet, you may be facing a combination of problems. You may think that you make decent money, but you are still struggling each month. You may be overspending or you may not make enough money. You may be overspending while not making enough to cover your basic needs. This can lead to real trouble. If you do not make enough to cover your bills , you will need to take steps now to increase your income. Even if you feel like you are too poor to budget, a budget can help you get back on track, and you can use these strategies to help you cope with being poor.

Paying the Minimum

I am 34 and I make roughly grand a year. I live in a suburban area that has upper price homes compared the rest of the country I know people who are shocked at how little house you get for the money.

I have a stay at home wife and three children and we are always paycheck to paycheck. We are not overly tight with our money but we have the average amounts of bills. I used to work for my parents and made about the same amount I make now working for a much larger company but everyone else in similar situations seems to have much more money than we. Am I just making less than most people my age? Did I leave money on the table when I accepted this job? You need to control your spending and possibly downgrade your cars and maybe your house.

I know a family of 8 that gets by one significantly LESS than you make. You say you have an average amount of bills. Your problem is the money you are taking off the table and spending on YOU don’t know. Let’s take a look at what you are doing right. Pretty good pay. You bought a house in the desirable area of town. Even in a housing downturn, houses will still be selling in the upscale areas. You are wondering just exactly where the money is going, and are looking for financial advice.

First, for the next month to three months, write down every penny you spend and on. Do not change your spending habits, just keep track. Tabulate where your take home pay goes.

I did this and was floored to find out exactly how much I spent on coffee every month. Then, trim out the fat from your spending. I cut out a lot of stuff that I thought was essential, but now I do not miss at all. Here are a few examples:. Cell phone: Get rid of that monthly plan, get a pre-pay cell phone. What a total rip-off. Cable TV, do you really watch all those ‘premium’ channels? Have kids, so entertainment is a must, but be smart about it.

Playing in the park can be just as much fun as going to a movie. Get used video games from half. I put the savings against my credit cards, mortgage, and into savings, and now everyone is looking at me as the guy that can afford all the luxuries in life.

The important thing is to get an honest listing of where your money goes. Remember, it is not the big bills that eat up your take home pay. They are easy to plan form. It is the little «Oh, it’s only a dollar» things that will kill a budget. Your income is not bad, but single-earner families have it tough these days.

It looks like you’ve already gotten some pretty good advice from others so far, so I will limit my commentary and not give you any more budgeting tips. I want to point out that you have to be careful about thinking that «everyone else seems to have much more money» than you. Just because someone lives in a nice house or drives an expensive vehicle doesn’t actually mean that they have more money.

We live in a credit society where material goods are more likely an indicator of debt rather than wealth. The best advice I can give you is to not worry about everyone else and focus simply on your own situation. I’ve got a ton of friends in the same situation. It’s usually easy to ‘trim some fat’, but working dads that support a large family tend to be too ‘proud’ to be budget conscience.

Little things like cutting back on the amount of cable channels, turning the thermostat down and setting a grocery budget with your wife are very important. Don’t get caught up ‘keeping up with the Jones’s’. You kids will want a higher education someday, and you need to start thinking about retirement.

It’s time to ‘grow up’, financially speaking. If you do it now, it will save you a LOT of pain down the road. My wife and I did crown and got straightened. My brother and his wife did Dave’s course and got straightened out. I listen to Dave on the radio and on line. He’s awesome!

Worth it. Well worth it. Get rid of the TV and do a family side business with your wife. That’d be good stuff. We don’t watch TV much at all any. Spend the time doing family games at night with the kids. They love it. They pay you a check once a month and you get money for referring your friends. It is great I have made A ton of money just doing this from home at my computer.

I would say you make great money for your age! That’s my goal for that age group. I feel like like I’m always broke, wait no I mean I am always broke but I do have a child and I could only imagine how broke I would if I had 3!! Especially for back to school time. I would suggest investing. Or maybe putting some money in an IRA account to make it grow faster.

Whatever can make money work for you! I bet your in debt like most people? You need to get on a written spending plan, every month Cut out wasteful stuff you dont need like cell phones, cable tv, car payments It seems that to many people, it is not what you make, it is what your neighbors think that you make. I see so many people with no savings, no retirement and they are in debt to their eyeballs.

They are, however, putting on a good show for the neighbors with the big house a two new cars. Trending News. Philip Rivers makes ‘permanent’ offseason. Singer falls silent, dies during live performance. Student found dead at Stanford University fraternity.

Trump mocks ‘foolish’ plans for NYC sea wall. Robert Kennedy Jr: ‘We’ve destroyed the middle class’. A luxury dish is banned, and a rural county suffers. Officials: 2 officers dead in Hawaii shooting. Answer Save. Here is what you need to do: First, for the next month to three months, just not making enough money down every penny you spend and on. Here are a few examples: Cell phone: Get rid of that monthly plan, get a pre-pay cell phone.

I cheat on this one, but Best of luck. How do you think about the answers? You can sign in to vote the answer. Do one of these studies. I know what you mean. I think you are pretty tight, but you can make it. Wayne Z Lv 7. I see this a lot. I am a tax accountant in a nice suburb. Show more answers 2. Still have questions? Get your answers by asking .

Jordan Peterson: Why Weak people don’t Make Enough Money

Money can buy a clock, but not time. More Stories. In other words, I believed that a high-income had a 1-to-1 correlation to wealth. It just seems to help me things straight. Money is important and contrary to what some people say, it can buy happiness.