The bottom line, my basic expenses outweigh my income:
| Expenses | |
| Rent | $1,295.00 |
| Storage* | $112.00 |
| Car Insurance | $135.00 |
| Gym | $49.99 |
| Electric / Gas Expense | $25.00 |
| Cable / Internet/Phone | $150.00 |
| Groceries/Household | $250.00 |
| Gasoline | $100.00 |
| Car Note | $233.00 |
| Childcare | $625.00 |
| Laundry** | $25.00 |
| $2,999.99 |
*Since I downgraded from a 2 bdrm to a studio, I had to put things in storage
**I live in an apartment with coin op laundry
My current income is $2,640.00; my new salary of $2974 isn't effective til Dec. 6th but it still doesn't cover the expenses.
Based on the numbers above, I have a deficit of ($359.99).
Prior to this income, my income was zero and I had to rely on personal loans from friends and family to cover my monthly expenses (hence the personal debt outlined on the side). I was already in the hole so the loans never covered all expenses, it was just a rolling deficit every month.
Not included in the figures: car maintenance, school expenses for my son, loans, savings, debt, my son's therapy (the school doesn't cover everything for his needs).
I don't want to dwell on the problem, but had to back it up for the blog purposes.
So far, I have downgraded my living, eliminated all expenses such as gym membership, I have searched for part-time job and do part-time childcare and I have asked for a raise at work (which they were not happy about).
My new solution, find a new job, since I have the skills, education and determination.
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