I need help saving $7000 in one year

Black Cher

All Star
Joined
Feb 27, 2017
Messages
2,493
Reputation
4,270
Daps
10,509
Are you working full time?
I don't know the exact breakdown of your tax deductions but I'll assume you're single with no dependents so I'd estimate you have around a 19% deduction.
So making $17/hr full time with a 19% tax deduction, you'd be bringing in around $2,200 a month.
Subtract your $700 rent and you'd have around $1500 leftover, obviously you'd need to buy food, etc. but even with those monthly expenses you should still be able to save $584 a month which would give you $7000 in 12 months... :ld:
 

MMA

Superstar
Joined
Apr 5, 2015
Messages
5,801
Reputation
2,833
Daps
29,193
Work another job (this is what you really need to do), only eat cooked food from home, boil stove water,

You need to be on a tight budget and know where every penny is going breh

Lets say you are getting taxed 25%

Take home pay is 25,500

Rent per year is 8400

Let's say you have an extra 500 expenses per month you should have

11,1100 before your tax return saved..
 

Formerly Black Trash

Philosopher, Connoisseur, Future Legend
Joined
Aug 2, 2015
Messages
56,028
Reputation
-2,120
Daps
145,363
Reppin
Na
Work another job (this is what you really need to do), only eat cooked food from home, boil stove water,

You need to be on a tight budget and know where every penny is going breh

Lets say you are getting taxed 25%

Take home pay is 25,500

Rent per year is 8400

Let's say you have an extra 500 expenses per month you should have

11,1100 before your tax return saved..

Yeah I’m about to get a part time job

I wanted something chill and laid back but might just go work at another call center part time

Any suggestions?
I’m not doing uber
 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
40,945
Reputation
15,853
Daps
89,441
Reppin
Focusville, USA
Don’t date. If you got a girl, dump her. Focus all of your energy on earning more money, get another job, start a side business, hustle, panhandle in your free time, whatever.


:mjlol: It's sad that some women are considered a liability instead of an asset. :francis:

What if his girl can help him out with this? I wish I had a girl so we can work together to achieve goals. :mjcry:
 

⠀X ⠀

Geoff
Joined
Dec 19, 2017
Messages
18,885
Reputation
6,108
Daps
107,862
Why not do Uber? If your car is too old or too small, do Uber eats.
 

MMS

Intensity Integrity Intelligence
Staff member
Joined
Apr 30, 2012
Messages
26,720
Reputation
3,843
Daps
31,877
Reppin
Auburn, AL
learn about affiliate marketing and thank me later
 
Top