Live on? If I only bring home $700 every two weeks to pay monthly debts that are more than what I earn monthly, can I afford to get my own place to stay? I have loads of debt and I know my current debts and the debts I will have to pay to live on my own will seem like more than I can handle. Do they have housing programs available for low income single people with no kids? I am in a tough situation at home where my folks are in a rough spot financially and I am always put in a tough situation where I have to keep sacrificing my down payment for my own home to help them get over. This is constantly happening to me. I want to move out and get my own place, so it's not like I am just laid back comfortable just living under my parents roof with no plans of moving out. All I need is a bigger down payment on a home and even bigger steady paychecks coming and I am I good to go. So far my down payment has been used as a safety net to help the family out. The more I get put in a situation like this the more that decreases my chances at ever leaving. What am I missing? My parents seem to think it is possible for someone like me to survive on my own with the money I bring home every month and still pay all of the costs of living on my own including my current debts, which has to be paid every month. If there was an option to make this happen for me I would do it starting today if I could. That's how bad I want to get out.

Let me give you what you need here......a swift kick in the azz! If you can't live on 1400 in Al, you must have an expensive habit, lol. If you said NYC, I'd have doubts, but in Al, pretty low income state I'd think. And, here you are on an RE site, you should know how to get a place to live, even a MH. You may need to move further away, don't know what town you're in, but you don't have to go far to get to cheap living areas down there! I was at Ft. Rucker long time ago, housing was an issue there, finding it, but it wasn't expensive. As to your other bills, you must really be underwater if you're living with your folks and can't get them paid down with 1400 a month. If you really can't afford it due to bills, play the American game, bankruptcy, suffer for three years and move on, you can flip contracts without credit, use hard money lenders, maybe some seller financing if you must trash your credit. I don't see an excuse for being there, except the fear of getting out. When your determination exceeds your fear you'll be leaving the nest. :)

Exactly. I was floored when he totally dismissed the suggestion for relocating to North Dakota because he didn't know anything about it. Thats what the hell google is for. I had a old coworker who every summer went to Arizona (I think ... somewhere in the southwest) to work as a firefighter battling forest fires. Because of the overtime she would clear $30+k over about 3 or so months. What if she never went down there because she "didn't know anything about it"? Seriously OP, get away from Mom and Dad because if they feel its okay for you to bail them out again and again financially they're never going to stop. Google dave ramsey and learn about his debt snowball.

Not only this thread, but a lot of your threads appear to have lots of negativity from you. Things like I can't do this and can't find that, etc. my opinion, you spend too much time focusing on things that don't seem to work out for you rather than on items you can do or work on doing better to accomplish the goal. There is no magical answer to your issue, you have to find it within yourself to make something positive happen. I find it hard to believe that a person with a college degree in accounting can't make more than 1400 a month.

If your income is at, below, or just above your expenses, you need to do one of, or both of the following two things: Raise your income (accomplished by a new job with higher pay or second job) and/or reduce your expenses (by cutting things you dont need - I see most of what you have appears to be necessary so this option may not be possible in your current situation). Get another job or some RE side biz going to generate some extra capital to pay down your debts and/or build up that down payment. FHA is your best bet for financing as they have only 3.5% down payments and the closing costs can often be arranged to be paid by the seller (assuming you are a good negotiator)

Is $1400.00 a month enough money to........?

Raymond B.

FL · Member since 2009 · 2k+ posts · 357 votes

Is $1400.00 a month enough money to........?

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