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Yeah, I know this feeling. I finished school with a teaching certificate in '09 when not even public schools were hiring, and took a series of manual labor temp
by jschwartzi 7y ago
Yeah, I know this feeling. I finished school with a teaching certificate in '09 when not even public schools were hiring, and took a series of manual labor temp jobs until someone was willing to hire me to clerk in their warehouse.
I'm making about 5 times as much per year now than when I started(I'm incredibly lucky), but I still remember what it was like to have to live frugally on $10.00/hr to $12.00/hr. I had to change oil and do repairs on my old GM truck myself, buy anything I needed from the Goodwill and fix it up, and generally try to make ends meet. Luckily rent was really cheap and the grocery store and a parts shop were in walking distance(~.5 mile one-way). And having the truck meant that I could move bulk items like a couch and a coffee table.
Living like that is why I don't buy new cars and have avoided trying to buy a house. Because at any time my luck could run out and I'll have to use my wits to stretch my means again.
- jlokier 7y agoIf you have the option to go for it, I would question whether avoiding trying to buy a house is smart compared with renting, assuming that's the alternative. If you can't keep up payments on a house purchase, you can still sell it (or the foreclosing bank will), and if that happens after a few years to cover costs, probably still come out ahead compared with renting.
- sethammons 7y agoBeing scared of the gravy train stopping is exactly why I bought my house. By shoveling as much money I to it as I can, I can remove an expense long term. Paying only taxes and utilities seems better than paying rent and utilities.