Assuming you have a job in IT, how does one get to the point where he's only making ends meet, even with a family in the mix?
Assuming a low-end IT salary, you're still bringing in 5k+/month. Minus $2000 for tax, zero for your 10 year old cheap car, $1000 for rent, and another $500 for food, that leaves $1500 for conspicuous consumption or savings.
If you've chosen to use up that excess by upgrading apartments, leasing a car, buying a flatscreen on the Visa card, etc., that's what is eating up your ability to save money.
There's no reason to be living month to month on $60k+ a year. Unless that's what you've chosen to do.
Assuming a low-end IT salary, you're still bringing in 5k+/month. Minus $2000 for tax, zero for your 10 year old cheap car, $1000 for rent, and another $500 for food, that leaves $1500 for conspicuous consumption or savings.
If you've chosen to use up that excess by upgrading apartments, leasing a car, buying a flatscreen on the Visa card, etc., that's what is eating up your ability to save money.
There's no reason to be living month to month on $60k+ a year. Unless that's what you've chosen to do.