I was living paycheck to paycheck so I increased my income. I have a spending issue and I would like advice on how to save money.
Hi, I am a 33 year old single person living in OR. I was working full time, only making around $2,000 a month ($1,060 every two weeks after Insurance payments came out) and realized that I was barely scraping by. So I decided to increase my income. I rented out my spare room in the apartment I live in, and I also got a 2cnd job. Now I make $1,060 after taxes every two weeks from job #1, and I make $1,134 after taxes every two weeks from job #2, plus an additional $600 a month from my roomate. So that's about $4,988 a month. I have put my expenses below.
Me: Single, 2 cats
Income: $4,988 total
Expenses:
\- Rent: $1168 (2bd apt)
\- Utilities (water, sewage, gas, electric, internet): $250
\- Groceries: $200 \*roomate helps with food too*
\- Pet insurance: (haven't gotten it yet)
\- bus pass: $45
\- Debt repayment: $30
\- Subscriptions: $100
\- Shopping: $200
\- Dining: $100
\- Savings: $200
\- Cellphone: $58
\- money for family:$350
\-Furniture bill:$110
\- Debt: about $4,000 (Credit cards, medical bills)
After all my bills I now have about $2,177 left over each month. My question is, what's the best thing I should do with this money?. I have a ROTH IRA that I am hoping to put $583 in each month. Im honestly happy with my income increase, but overwhelmed as well. I have a spending problem, how did you overcome your spending issue if you had one?. I have never been good with money and want to become better.
Thank you in advance for any help.