So for like 600 months. That's 50 years for a decent house. When 50 years roll around, it'll be far more than that so you'll have to keep saving but you'll never get there.
Eh, you can find some decent ones in my country for about 150K, which is about 12 and a half years. But tbh yeah, the current housing market is just sad.
Probably find a way to waste it without affecting anything.
I make 1000€ per month more than 5 years ago. Didn't affect anything. You always seem to increase your monthly expences with equal ammount. Buy slightly better clothes, more expensive food, get a new pet, etc. and it all just disappears.
We already had a pet, so it was to make the pet happier, but it was a bad example.
For example in food you can buy the cheap tortured chiken or organicly grown outdoor chiken. It's still the same chicken. You just feel a bit better when you think about it.
Little improvements like this are a money sink and you can easily sink a 1000€ per month without really changing you everyday life.
Yea. Though, TBH, given many things I've seen, I'm not really sure how bad it is to just ... eventually... not pay off the debts.(In the US) Like, yes, it'll hurt your credit - but even bankruptcy clears out in 7-10 years from what I understand. Just not paying off some credit cards?
So, if you're young enough, that might well not be a big deal, you can wait it out being poor just like you are now. If you're old enough, you probably don't care - one hopes you're not looking for a big loan at 80. And I also wonder - you know - on unsecured debt anyway - what is going to happen? I suppose if your total is high enough they might garnish your wages. But OTOH, many times it's just avoiding debt collectors, which usually is just not reading that mail, and not answering unknown phone numbers. You know - daily life in 2023.
I'm not going to suggest you default on your debts (unless it's in the context of dying without anything in your estate to go after), but I know of plenty of people who manage to go through life for decades basically paying very small amounts to keep foreclosure and tax auctions away, and otherwise just don't pay bills. The downside is they can't get loans, and don't have spare money - but it depends on where you are currently too - maybe that's just current life anyway.
It's so interesting to me how money can have such a different value for different people. I live in the EU yet I make less than 1000€ a month even though prices are at EU levels. This would more than double my income and it would mean I could finally afford new clothes, I wouldn't have to worry about having money for food, bills would be paid on time and I could even save up a meaningful ammount! It would be a literal life-saver.
I’d be able to pay off the debt collectors pretty quick. Then I’d be able to get a car, one that doesn’t feel like it will die at any moment. I might even have enough leftover to throw a hundred or so into a savings account.
Right now, none of that is possible. Eventually I’d like to be able to make enough to do some of those things, but that day is pretty far off.
Probably just throw it in the bank / Invest it.
I know not the most exciting answer but there you are.
Pay a bunch of tax on it then wonder what to do with my extra 580€ a month
Ah fellow Dane lol
Save and buy a home. I'm tired of paying fat fucks to live under a roof
So for like 600 months. That's 50 years for a decent house. When 50 years roll around, it'll be far more than that so you'll have to keep saving but you'll never get there.
Eh, you can find some decent ones in my country for about 150K, which is about 12 and a half years. But tbh yeah, the current housing market is just sad.
Do y'all not have house loans where you are?
We do, but this is not the 2000s.
Quit my job and find a place where I can live off 1000 a month
Quit my job and live in the place I am.
You still need food, clothes, Internet etc
The place I'm going, I only need food
I've traveled on far less than a 1000 eur a month. With that kind of money, I can still save up.
Complain that it's not in pounds.
Homer Simpson’s brain: “1000€ can buy many pounds.”
That's still over £850/$1090 per month. Nothing to sneeze at.
Maybe leave the parents house and begin a life in an apartament, at 40 years old.
Good luck to you
Support open source projects, such as Wine, KDE, Wayland, LibreOffice etc.
This guy is based
Invest in ETFs.
NFTs!
When you want your portfolio to be just as boring as your life
Wanna buy some NFTs instead? Pleeeeeease?
This
https://lemmy.ml/comment/2904743
Probably find a way to waste it without affecting anything.
I make 1000€ per month more than 5 years ago. Didn't affect anything. You always seem to increase your monthly expences with equal ammount. Buy slightly better clothes, more expensive food, get a new pet, etc. and it all just disappears.
Is being able to afford these things really not affecting anything?
Especially the pet sounds like quite a difference to me.
We already had a pet, so it was to make the pet happier, but it was a bad example.
For example in food you can buy the cheap tortured chiken or organicly grown outdoor chiken. It's still the same chicken. You just feel a bit better when you think about it.
Little improvements like this are a money sink and you can easily sink a 1000€ per month without really changing you everyday life.
The book rich dad poor dad confirms that.
Yea. Though, TBH, given many things I've seen, I'm not really sure how bad it is to just ... eventually... not pay off the debts.(In the US) Like, yes, it'll hurt your credit - but even bankruptcy clears out in 7-10 years from what I understand. Just not paying off some credit cards?
So, if you're young enough, that might well not be a big deal, you can wait it out being poor just like you are now. If you're old enough, you probably don't care - one hopes you're not looking for a big loan at 80. And I also wonder - you know - on unsecured debt anyway - what is going to happen? I suppose if your total is high enough they might garnish your wages. But OTOH, many times it's just avoiding debt collectors, which usually is just not reading that mail, and not answering unknown phone numbers. You know - daily life in 2023.
I'm not going to suggest you default on your debts (unless it's in the context of dying without anything in your estate to go after), but I know of plenty of people who manage to go through life for decades basically paying very small amounts to keep foreclosure and tax auctions away, and otherwise just don't pay bills. The downside is they can't get loans, and don't have spare money - but it depends on where you are currently too - maybe that's just current life anyway.
Save it.
1000€ is not nearly enough for me to change my lifestyle
It's so interesting to me how money can have such a different value for different people. I live in the EU yet I make less than 1000€ a month even though prices are at EU levels. This would more than double my income and it would mean I could finally afford new clothes, I wouldn't have to worry about having money for food, bills would be paid on time and I could even save up a meaningful ammount! It would be a literal life-saver.
Save it
I'd rent an apartment closer to my work. I'd also pay off my car and probably get a new one. Maybe a new mustang or something like that.
It'd definitely be enough to let me live comfortably, at least comfortably enough to really enjoy my hobbies.
Pay my house off faster
Fix my teeth and go to med school. In that order
Privat med school in Germany costs a bit over 12k a year depending so I'd just work and save for a year or two first, then enroll
I would buy more money. 🤓
Edit: No, Iym nut spootid.
Retire
Buy all the eurorack modules piece by piece.
There's no amount of money extra a month that can support this lifestyle, I'm sorry
beep boop beep
Can't hear you sorry.
Pay my bills
Stop budgetting
Soon it’d feel then as if you live as before.
a good set of clothes would be the first thing.
10k in dental work needed. 2k in car repairs needed. Whole wardrobe of 10yo clothes desperately needs replacing.
Probably 50% on the car and 50% on new clothes
I'm south american so converted I could live like a king and never work again for the rest of my life. Uh, or start financing a way out haha
Save up for:
Buy a newer car and increase my 401k contribution. Maybe I could retire a couple of years earlier than I plan to.
NFTs, cheap gin and scratchers.
Real answer: pay off my car as fast as possible and throw the rest in savings
I’d be able to pay off the debt collectors pretty quick. Then I’d be able to get a car, one that doesn’t feel like it will die at any moment. I might even have enough leftover to throw a hundred or so into a savings account.
Right now, none of that is possible. Eventually I’d like to be able to make enough to do some of those things, but that day is pretty far off.
Relax and invest a bit more wildly, knowing I'll never be destitute
10% spending save rest
Learn to fly an airplane.
Save. Or, hey, if I stay unemployed for long I'll end up using it to pay bills.
Put it in monero
This guy invests
sick it into savings and stay the course
With the inflation rate this would be equal to flushing them into the toilet directly.
Ask about this on [email protected]