this post was submitted on 17 Jul 2024
340 points (96.2% liked)

Asklemmy

43739 readers
1234 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy πŸ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 37 points 3 months ago (3 children)

Set up automatic bank transfers to chop your income into % parts: 5% play money, 20% savings, bills etc. do what works for you. Get rid of unnecessary subscriptions.

[–] [email protected] 19 points 3 months ago (2 children)

I don't have enough to chop my money into anything other than 75% rent, 20% car payment, 5% food for my dog.

But I do put that rent and car payment in a savings account and pay from that. Those fractions of a penny per month add up; after 5 years I have 77 cents in my savings account!

[–] [email protected] 3 points 3 months ago (3 children)

20% to a car payment is stupid

[–] [email protected] 2 points 3 months ago

And necessary in many situations.

[–] [email protected] 2 points 3 months ago (1 children)

It's more expensive to move somewhere a car isn't necessary.

[–] [email protected] 2 points 3 months ago

Yes, the used car market is full of predators charging 200% more than what a junker is worth because there's nothing stopping them. And I also agree that keeping the minimum wage literal decades behind productivity breeds an environment where people are assigned a made up number that tells banks it's ok to gouge this person on interest rates. Full agreement with you there.

[–] [email protected] 2 points 3 months ago (1 children)

Hey, it's your brother. Can I borrow 76 cents?

[–] [email protected] 2 points 3 months ago

Sure, since we're under capitalism I'll have to check your imaginary number and then require a minimum monthly payment of 11 cents for the next 4 years.

[–] [email protected] 1 points 3 months ago

So many people need this.

[–] [email protected] 1 points 3 months ago

Privacy.com is your friend. Free and makes β€˜uncancellable’ subscriptions a thing of the past