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Madilyn's Mommie | Is 5,100 income per month enough to live on? |
for 2 adults and a baby?
Our rent is only $533. |
 |
 
chatsplas
|
DEPENDS
on where you live, standard of living, any government or housing assistance, food stamps, etc.
also on any indebtedness, credit cards, student loans, hospital
Your rent is less than 1/4 of income, even when adding in your utilities, so you should be able to live decently on this. as long as you are proactive in managing your finances.. . . don't run up credit card bills, always pay 2-5 times minimums. . . .pay on student loans, . . . .pay bills on time and in full. . . .and save something for baby's future and for emergencies. . . .about 10% of income saved. . . . |
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Roscoe
|
haha thats more than enough if you don't buy everything you "want"
We live on 1,200 and thats 2 adults andme |
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crazydave
 |
It should be more than enough. I make considerably less than that and I'm getting by OK. Not rich by any means, but getting by. |
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arizonakal
 |
Are you serious? You're rent is ONLY $533 and you're making over $60,000 a year and you don't know the answer to that question? I suggest you get some books on money management and budgeting as well as investing, saving and what it takes to raise a child to the age of 18. Good Luck!! |
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Judy1
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Geez I hope so, with rent of $533. |
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spitfiredd
 |
Im finding 6k a month for myself..not enough. |
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Clark Kent
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I need more than that since I have two mortgages I'm paying. For two people and a baby, it is enough to get by on if you keep expenses down.
I've lived on less. |
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Team Modify
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Well Gross income for me is 2,100 per month and I have 2 adults and a 2 month old baby. I would have to say yes because some how I am making it. If you need any help go to the county and ask for it. They can help with WIC (women, infants, Children) And health insurance for your child! |
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