Let's freshen up the catalog with a cost of living thread. It doesn't get much more political than that.
Pic related gives an honest account of my situation if I were to rely only on my main income (in fact my family has two incomes and I have some investments). The point is to figure out if it's still possible to survive on one income in today's society.
I might have missed a municipal tax or two, but the overall conclusion is I could survive, albeit not comfortably, considering current cost of living and the lack of capacity to build a solid savings buffer. Also, it's likely the bank wouldn't give me a sufficient mortgage to buy my current house on only this income.
I'm interested in what it's like for other anons in other nations. I know half of /pol/ is 7 figures a month gigachad or NEET, but maybe we get an interesting thread going without bots or shill spam, god help us.

>>513713191 (OP)
Perhaps next time I should make the thread with a twitter screen cap, upon reconsideration.

>>513713191 (OP)
I dont have an itemized budget like you, i did 20 yeara ago when things were tight, but now it is more or less; about 2k per month surplus after fixed costs (utilities, groceries, insurance etc...) and average discretionary spend (booze, cigarettes, going out) with 10% to retirement pretax

>>513713880
On one income? That would make you very comfortable indeed.

>>513713191 (OP)
The only way to make the world affordable again is to exterminate the jeets.

>>513713191 (OP)
My wife is a doctor and it ruined her life and she is a shell of her former self, but we live comfortably on her single income and any income I make goes straight into savings

>>513713783
This. Or sexual imagery.

have you tried overthrowing the govt?

>>513714770
In 1794. A worse one entered its place.

>>513713191 (OP)

Good bake. I'm a new PhD student out of undergrad come the fall, it's my first time moving out and I just secured an apartment. I've pieced together my budget but honestly I don't really know what to even really budget for. Are there any common things people miss when budgeting that wind up fucking their sheets up?

>>513715438
Big ones for me were car repairs, municipal taxes that come once a year, to a lesser extent holidays and buying shit for the house is also a money sink for a big while. Not sure how taxation works in Canada, but it’s also an option that you are hit with unexpected tax (revisions) Some years. That happened to me when I started making money and Some government support for health insurance and rent that year had to be paid back suddenly.

I'm on paid apprenticeship towards my ACCA.
>£2.4k salary a month, £2k after tax
>£1.2k rent and bills (have roommates)
>£200 on transport
>£200 on food
>£50 phone bill and internet
>£100 on personal shit
£250 left over a month
I don't report or realise gains from my personal day trading or my £200 and hour lectures on finance/IELTS teaching to Chinese international students though.
I would kill myself if I had to live off the salary only lmao, and my salary is the median for London.

No.
I will collect my inheritance sometime in the next 5 years, combined with what wealth I can gather myself, and live in a van off grid.
I won't have to ever work again and can live comfy while I travel.

>>513713191 (OP)
>5050 before
>4015 after
yeeeaaaaa suuuree

>>513715438
Booze

>>513715822
OUCH

>>513716120
€5050 is bare bones. Another €840 is tax free if spent on stuff like buying more hours, paying student loans and Some other shit, otherwise 50% tax. And about €100 is compensation. So it’s 5050+840+100, which after tax becomes €4.015. Municipal, road and water tax are not included, so it would be lower if you include that (it’s included in overall calculation though).

>>513715438
Unless you literally forget something budgeting should be straight forward, but remember the budgeting is only half the battle. I cannot stress how insanely important it is to maintain a buffer for unforseen costs like car repairs, or larger discretionary spends (like vacations, major purchases, lending money to family). The amount necessary varies from person to person, but the critical point is to have some savings you deem reasonable, and building that cushion and NOT eating into it for discretionary purposes out of temptation, yeah it can be fucking tempting when you're working hard, and want to reward yourself with [whatever] and hey there's 5k or 10k or whatever in your checking account, might as well do [whatever] and then get slapped with major auto or home issues before your next paycheck arrives. Cannot stress this enough, build a buffer, and don't fucking use it for non emergency shit. Also pay off your credit card balance in full monthly, use it as a debit card for all purchases, never ever partial pay or get charged interest, this'll build your credit score, and keep your hard earned cash out of the hands of filthy userers

>>513713191 (OP)
Florida is controlled by Republicans who green-light every rate hike by the utilities they are supposed to regulate. My last electric bill was $400, my water bill is around $100 and cable tv/internet is $240. My homeowner's insurance jumped from $1200 a year to $6000 last year. My HOA fee jacked up from $250 to $1100 per month.

EVERYTHING THEY WARNED US ABOUT THE DEMOCRATS IS COMING TRUE UNDER THE REPUBLICANS!

>>513715438
practical: try to get close to 1yr+ of standard expenses as easily accesible funds. either savings, or some more liquid stock/metal/whatever. then maintain that threshold forever. if you dip below start building it back up.
I have mine set to 100k, and since the first job I've maintained it for 5+ years now. most of the time my savings are way, way fucking higher (but I make decent money). Its really nice if you can to let it pile up as you 'suddenly' have the ability to afford most of your desires outright in cash.
be frugal, but dont be cheap. it is better to pay more for something that lasts multiple decades than something that breaks/causes problems frequently.

I wfh constantly, so a nice chair is needed to not trash my knees. a $3k chair is substantially cheaper than knee surgery. (its also a nice comfortable leather office chair, so itll last effectively forever).

if you're white that is.. if you're a jeet hang yourself you're a blight.

>>513718007
$2.5k for not even all of your taxes and insurance, without mortgage costs. Damn… I’d been told Florida was a high risk zone or something nowadays, but $6k for mere insurance is crazy