Ask HN: How do I Stop Living Paycheck to Paycheck?
I've started my journey as a self-taught web developer in 2008, I moved to New York City in 2012 and started working for marketing agency as a web developer with a pay of $15 per hour, which has the lowest for the position.
I managed to grow to Tech Director at the same company and my current salary is $110k per year, and yes, I'm still working from paycheck-to-paycheck.
How can I get out of the swamp?
P.S. I also need to mention that I do keep track of my budget. I have 3 kids (two of them are school-aged and one preschooler). And I have a monthly mortgage $2600.
Net Monthly Salary - $7000
- Mortgage $2600
- Electricity, gas, water $400
- Other bills (internet, phone, credit) $600
- Food $1200
- Child-care $1200
- Car expenses $600
- Shopping ~ $400
I managed to grow to Tech Director at the same company and my current salary is $110k per year, and yes, I'm still working from paycheck-to-paycheck.
How can I get out of the swamp?
P.S. I also need to mention that I do keep track of my budget. I have 3 kids (two of them are school-aged and one preschooler). And I have a monthly mortgage $2600.
Net Monthly Salary - $7000 - Mortgage $2600 - Electricity, gas, water $400 - Other bills (internet, phone, credit) $600 - Food $1200 - Child-care $1200 - Car expenses $600 - Shopping ~ $400