Sep 11, 2023
By: Abhiram SajaiEconomies across the world are struggling with higher living costs and poor wages. Unemployment has become a significant problem in many countries, which has added fuel to the fire. In such a situation, many single-income households in the US often grapple wit...
Well. It's just me and I live in a bachelor. Not even a full-sized apartment. I have a mini fridge and I had to buy a deep freezer in order to properly buy groceries. At least I have my own bathroom and no roommates I guess. No stove or oven either, so I ...
Was fortunate enough in my timing to buy a house right before the pandemic, while I was still a double-income couple, and we made the extremely smart choice of setting our budget at something we could afford on a single income rather than maxing out what the b...
I have what used to be a "good government job." Pension, health care, lots of vacation. My take-home pay is about $27k a year. I lucked out in my apartment, been here 10 years and rent is now $820. I take the bus everywhere and have no hope of gettin...
Single parent here. We quit eating meat and most dairy. I buy a big jug of concentrate Castile soap and make my own hand soap, cleaning products, etc fast food is less frequent, and often just small snacks instead of meals. I buy as much as I can at the dollar...
I am a single mom of two living in MA. I do not get child support and I cover 100% of the health insurance. I pay $2500 in mortgage and that’s one of my biweekly checks. The rest is paid with the other check and I do Uber and Doordash on the weekends I don...
Living in rural areas helps a lot. I know several single-income households with the one working who doesn't even make 75k and they own their house, 2 cars, etc. u/Hay_Blinken. Bingo In my area the average income is like 35k, it’s very rural and housin...
For me personally? It's just me, I live in a house I bought before the housing boom of the early 2000s, and after a few lean years around the pandemic, I have a job that pays decent money and has good benefits like paying 100 percent of my health insu...
Mid west, lower cost of living. Purchased our house at the right time and sold my fixer-upper at the right time. Mortgage is under 4%, payments are about 1100 with insurance. In my career, I have a company vehicle and company gas. My wife has her own vehic...
Recently single income as my partner had an unexpected major medical situation come up and has been out of work. Living in an HCOL area. It’s been rough. I’m covering everything including the insurance and medical costs. Thankful I make a lot, and we don’t hav...