Hi everyone, I’m currently 23 F working full time, $38/hr 40 hrs/wk. I get paid weekly ~$1350 net pay each week.
I currently am budgeting each weeks paycheck down to a T and it has been driving me insane. I am super stressed about my financials for some reason; it’s not the fact that I don’t have enough money to pay my NEEDS, but it’s more of the fact that I don’t have much left over for wants.
Here are my financials:
• $693 /month for rent
• $320 /month for car loan
• $183 /month for car insurance
• ~$300 into savings each week ($1200 /monthly), which is put in a HYSA
~$275-300 /month for student loans
**THIS IS ALL THE MINIMUM**
With everything and how I budgeted, I’d have around $500 left over but that money will be spent on paying off two credit cards ($3500).
So in my checking I wouldn’t have much left,
I’m debating if I should use my credit cards for daily expenses (groceries, gas, etc) is that a good idea?
Any ideas on how to ease this financial stress? Or just words of encouragement? I’m struggling here.