money167
New Member
Joined: Jan 10, 2011 1:31:55 GMT -5
Posts: 8
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Post by money167 on Apr 10, 2011 13:07:32 GMT -5
Posted on old board and figured I would try again
Have been working at Jackson Hewitt for tax season which is ending soon.
Income varies $1000 after Jackson Hewitt ends
Rent $375
Gas $50-80
Electic $10-13
Food $150 did spent $83 on Angel food and eating my way through it
Internet $53
Insurance $98 will be paying 6month installment May 7
also planing on calling for quotes (money from federal refund)
Credit Cards
Discover $1000
Chase $2834 0% until Oct.
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TD2K
Senior Associate
Once you kill a cow, you gotta make a burger
Joined: Dec 19, 2010 1:19:25 GMT -5
Posts: 10,931
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Post by TD2K on Apr 10, 2011 13:14:29 GMT -5
You have done a good job keeping your expenses in line with your income. Your expenses (if I take the middle of your ranges) seem to be in the high 700s meaning you have a couple of hundred dollars to put towards your credit card debt. What are the interest rate on the Discover card and what does your Chase card at the end of the 0% period?
I don't know if you can do much more cutting. You could reduce your Internet costs but that might be a major source of entertainment also and if so, it's relatively cheap. Have you done any comparison shopping for your insurance?
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phil5185
Junior Associate
Joined: Dec 26, 2010 15:45:49 GMT -5
Posts: 6,409
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Post by phil5185 on Apr 10, 2011 13:17:53 GMT -5
Angel food? Are you talking about a cake?
What are your loans for?
What is your 'car' situation?
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money167
New Member
Joined: Jan 10, 2011 1:31:55 GMT -5
Posts: 8
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Post by money167 on Apr 10, 2011 13:22:34 GMT -5
car is paid for
angel food is a church thing that provides boxes with different types of food. I ordered a couple boxes and am working on eating the food in them. often discussed on the board
Internet went up since I got an unlimited 4g plan using this for job search and entertainment.
Discover is 19.99%
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azphx1972
Familiar Member
Joined: Mar 2, 2011 22:08:36 GMT -5
Posts: 809
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Post by azphx1972 on Apr 10, 2011 13:57:23 GMT -5
I'd pay off that Discover as soon as possible, but also look into ways to increase income. What kind of education/skill sets do you have?
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Plain Old Petunia
Senior Member
bloom where you are planted
Joined: Dec 21, 2010 2:09:44 GMT -5
Posts: 4,840
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Post by Plain Old Petunia on Apr 10, 2011 15:51:32 GMT -5
How much cash do you have on hand right now?
Are you young and just getting started?
What is the source of your 1k per month varying income? A part-time job? Several part-time jobs?
What are you trying to accomplish? Increase your income? Build some net worth? Save for a house?
What are your income prospects in the near future?
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Deleted
Joined: Apr 30, 2024 0:46:52 GMT -5
Posts: 0
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Post by Deleted on Apr 10, 2011 15:54:27 GMT -5
You mentioned insurance, and I assumed car. Do you have any health coverage?
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zibazinski
Community Leader
Joined: Dec 24, 2010 16:12:50 GMT -5
Posts: 47,865 
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Post by zibazinski on Apr 10, 2011 15:55:53 GMT -5
Can you waitress or retail part-time?
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cronewitch
Junior Associate
Joined: Dec 20, 2010 21:44:20 GMT -5
Posts: 5,974
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Post by cronewitch on Apr 10, 2011 20:13:10 GMT -5
If you are poor go use a food bank. I have been going to mine to donate so people who need help can go get some. Take the free food then when you are ready you can give some back.
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