How many of you can truly afford to cover all your household expenses completely on your own — no help, no roommates? That includes not just rent/mortgage and bills, but also things like groceries, transportation, insurance, savings, retirement contributions, and other personal costs.
How many of you can truly afford to cover all your household expenses completely on your own — no help, no roommates? That includes not just rent/mortgage and bills, but also things like groceries, transportation, insurance, savings, retirement contributions, and other personal costs.
r/AskMen
Comments
Since you shitlords like to delete your posts, here’s an original copy of the post’s text (if available):
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Me.
Try it with a SAHW
It would be way easier on my own. But I am primary financial support for a large household.
Man, I can cover my whole family’s (wife and children) expenses with no help. Not that anyone would help, either. My wife works part time out of choice and makes less than enough to cover even a third of her expenses.
As a reference, I make over 200 thousand by myself. COL where I live is medium, not high, not low.
I can, I live comfortably in a different country than where I was born, but it was pretty much the same there as well, maybe a bit less savings
I can. It wouldn’t be any fun but I absolutely could.
I can. But with 2 kids and a stay at home wife, it’s hard for me to do it. I mean we have all the stuff at home, groceries, car, but we lack a better lifestyle. Like traveling more often.
Im 38, retired, and do that no problem.
Yes
Me. Even if my wife was gone I could manage me and the two kids. But we also love a pretty basic life by choice. So our overhead is pretty low.
Im at the helm of a single income household of 5. Its a motherfucker, but I get it done.
If you are over 25 and can’t support yourself, your doing the whole man thing wrong.
If you want to ask this question, you absolutely need to define what an adequate amount of insurance, savings, and retirement contributions are. You can always save more money for retirement than you are currently
I do, have been for years and, my savings rate is 17% of Gross Income.
yeah, i could make it work. we bought our house before we were married, and got something either of us could afford if it didn’t work out. i make a good bit more, now. my lifestyle would take a big hit without my wife’s income, but i wouldn’t be on the street and would still be able to retire.
It probably depends on your age.
But I’ve been doing that since my 20’s. To be fair though it was easier to do back then.
Yeah can do it… took me to my late 20s but changed careers and studied early to mid 20s
This question must be intended for 20-something people who are barely entering the work force. Most adults can do this. Yeah some are struggling, but most people can.
Does being married count? If it doesn’t, then I can easily cover my expenses and have money left over for myself. If it doesn’t count, I’d just cut down on something, probably food.
I can. With roughly 50% to spare
I can. I live with and pay rent to my parents though since it’s cheaper. Trying to plan on moving back to the city on my own but rent prices are ridiculous. 2k/mo minimum basically everywhere and the commute is going to be insane. On top of that everything decent price wise has bug/rat/crime problems so it’s expensive as fuck rental or nothing basically.
Maybe if that ends up being too much of a hassle I might just buy something down here instead so I can be close to my family.
I do. Pay for my kids’ living expenses as well
I don’t have problems except when the wives have a birthday. One is in late January and the other on the first of February. That gets expensive.
I can pay all of my bills with 45 hours of pay.
I currently pay all bills, mortgages, and cover all other expenses. My roommates don’t contribute anything, and actually add to the expenses.
I can do it by myself, but I’d be unable to put much away for savings.
Yes. Been doing that since I graduated college (22)
I probably could where I live but the budget would be significantly tighter and I would be far more likely to require help if more than one, or one very large, expense came up. I wouldn’t be able to live as comfortably as I do now but I would be able to survive most likely
I can. I’m 37, single with no kids, and I live in a 1 bed room apartment in a relatively low cost of living area. I have a full time job in facilities management, but I am also rated at 80% disability with the VA, so I get a monthly $2k check tax free for life.
I do, and im doing just fine. Things only get easier as time goes on. My mortgage will be done before the end of the year.
I’m married and have 4 kids. I have been the only provider since we had our first kid (like 14 years ago). My wife is a stay at home mom. I cover everything just fine. I mean, I wouldn’t say I’m rich but I am upper middle class. I have a coworker that makes as much as me and she lives alone with no dependants yet she’s always broke. Just be smart with your money and you can make it work.
When I first moved out on my own I had $20 after paying all my bills + Gas to be able to afford groceries, so it was pretty much ramen with one of those $0.50 pizzas as a treat for Friday. Wasn’t fun
Now I’m actually able to live by myself and can afford everything, I’m just barely saving any money. I think the last time I had more than $1,000 in the bank account was pre-Covid, but then my car blew up and I had to buy another one. Tried getting a roommate to help alleviate the costs, but of the three people I thought I could trust one of them was only temporary (she was leaving her boyfriend who hit her and needed a place to crash) and the other two ended up being batshit insane.
With my current job, I’d have to look for a place that’s between $800-$1000 for me to afford absolutely everything, and I’d have between $300-$500 left per month for anything else. Luckily, right now I have around $1200 left per month for anything else.
I need to learn a new skill before I move out, or start a family, but ultimately I should be okay on my own if I wanted to live alone. (I live with family)