I was explaining this to my neighbor on a fixed income, that it costs over $6k a month to run my household, she looked genuinely confused for a second as she runs her life on about 1/30th that cash. What’s awful is we’re still going in the hole and I’m just using my 403(b) to collect my employer match so I can cash it out regularly and pay off expenses. So no savings is occurring.
I was explaining this to my neighbor on a fixed income, that it costs over $6k a month to run my household, she looked genuinely confused for a second as she runs her life on about 1/30th that cash. What’s awful is we’re still going in the hole and I’m just using my 403(b) to collect my employer match so I can cash it out regularly and pay off expenses. So no savings is occurring.
Surely there’s some significant expenses you can cut.