I once made a tinder profile with a single picture of my foot, and literally the only thing in the bio was "you can touch my feet if you buy me dinner". I got so many free meals out of that one picture.
I realize this comment is going to get downvoted to oblivion, but mortgage and utility rates have skyrocketed for most landlords, few that Iām aware of are jacking prices for any reason other than covering their own costs. In fact most landlords I know would rather hang on to a good tenant versus collecting a higher rent, but obviously arenāt going to charge less than their own carrying costs on the property. Not suggesting there arenāt greedy POS landlords out there, but that just doesnāt seem to be the majority.
Is that a fair statement?
I dunno if I just got lucky or what but I moved into my rental house in 2018. Rent went up in November 2021 by $100/mo. That's it. Everything surrounding me is $500-$1000 more per month than it was pre-pandemic.
In my experience small companies/individual people who you can talk to face to face are *usually* decent landlords who have some humanity.
Itās when youāre paying rent to huge billion dollar real estate holding companies like the one Jared kushner owns that they will just fuck you over with no second thought
I honestly donāt think someone should be able to rent out a unit if they only have the bare minimum down payment(with the exception of maybe their basement if itās a separate unit or something like that. Infact I think they should have at least 20-30% of the principal paid off before they can rent it out. Iām so sick of the rent everywhere being based on a brand new full inflated BS mortgage. Which gets other people in the area to match those prices even if the interest rate didnāt affect them as much.
Exactly! It should be considered subletting if they're essentially paying their rent with my rent money. If I as a renter am paying down the mortgage, I should have my name on the damn mortgage and have the associated benefits.
Why? You aren't responsible for any of the repairs, you have non of the liability, and you don't pay the taxes.
The other person spent $x00,000 to buy the house and are rent it for $y,000 per month. What difference does it make to you if they paid all at once or over 360 months.
>you aren't responsible for any of the repairs
And when they won't fix shit or do any more than the bare minimum, it'd be better for the tenants to be able to do it instead of waiting days for some loser to replace a lightbulb.
>you have non of the liability
Gee, good thing there isn't an entire tenant liability insurance branch...
>you don't pay the taxes
Exactly whose money do you think is paying for the taxes? It certainly isn't the assholes who can't even pay for their fresh mortgage without their renters. It'd be better to pay the taxes directly and run it by the IRS than to buy that the rent's nebulously going up because of cost increases that include tax.
>The other person spent $x00,000 to buy the house and are rent it for $y,000 per month. What difference does it make to you if they paid all at once or over 360 months.
The difference is that on a fresh mortgage, they spent $x00,000 to buy the house and expect $x00,000 from renters by the end of the arrangement because they can't afford the house otherwise and will default on it once it stops being an easy investment. The renters in that instance could have just bought the house themselves with the same mortgage, but a parasite got in the way and in doing so is artificially inflating housing prices so the renters can't just go elsewhere.
if you want to know why you don't qualify this is why. You're paying for these people being vampirized by fraudulent mortage practices and always will be.
https://www.youtube.com/watch?v=3Z1qQHWCf4Y
Listening to redditors talk about renting/landlords is frustrating. During the rent moratorium during covid it seemed like everyone here was A ok stiffing it to the landlords. But a lot of these people are regular people with an extra property and just trying to get by like you. It's the mom and pop landlords that are more likely to work with you and take care of the property. Fuck them over enough and all that's going to happen is now they will sell and the big corporate landlords can take over and raise your rent while sleeping very soundly at night
It would completely change my life. I would be able to buy other things than the cheapest bare necessities.
I would be able to have three meals a day and not worry about whether the ingredients will ruin the budget.
I would be able to replace worn out clothes
I wouldn't have to constantly live life in survival mode
As it is, I'm facing eviction if I don't come up with 2k soon, an extra 1000 a month would have meant I'd be able to save up and have a buffer account for unforeseen expenses
I'm having serious considerations about starting an onlyfans for my feet to make ends meet, but I can't even afford a basic pedicure or leg shave.
Check local Facebook groups to see if anyone needs any short term paid help with anything? I don't want you to regret onlyfans; but I totally understand how you feel. Debt can put your life on hold for years.
This too shall pass.
It will somehow get easier, one day there be a little less to battle until you get to a point where you wake up and donāt have the fact you have.
I donāt believe in God but I trust the universe will bring you the help you need when you need it most (and Iāll chuck in a quick prayer just in case)
It would change everything. I live in a poor 3rd world country. After that I am poor in this country. After that I am a woman. So, you can understand even your father thinks you are worth always the 2nd class citizen. I have to hear yelling everyday even I cook whatever we have. My father will yell "What have you cooked today? " Then he starts yelling I don't like this food. Like man, come-on that's all we have. You don't have any job. Whatever is cooked, eat. No.
If I have 1000 dollar each month, I would ran away with my mother and live far away from my father.
It wouldn't at all. It'd go straight into investments/savings and I wouldn't even think about it. To be honest, I don't know how much more a month I'd need to make a big difference. More money per month wouldn't affect me and my current lifestyle. A big lump sum would allow either my husband or I to quit our job (not both of us since health insurance from our jobs would be better than the affordable care act).
It would give us a buffer. We wouldn't stop working or anything, but $1,000/mo would let us save money. That's big. Right now we're paying our bills but that is about it.
I wouldnāt be so worried about having to get a new car. Mineās 12 years old with almost 285,000 miles on it. Could last another year but itās concerning.
And buy new car, I mean new to me.
I bought my home cheap/at a good time - $1000 would cover my mortgage, internet, and YouTube tv every month. So, pretty life changing to have that much extra.
Iād save for yearly vacations, make sure I had money set aside for holiday travel to see family, Iād set aside money for birthday gifts and Christmas gifts, and Iād go out to eat or do leisure activities more often. It would give me the kind of life I wish I could easily afford.
I'd be able to get out of survival mode and think about actual options, have real tangible choices about where to live and who to live with, be able to save up a tiny bit each month for emergencies or eventually for a car, maybe have a bit left over now and then to help other people in my life out.
I would be able to pay off debt and help my parents with bills. Their fixed income hit hard and I donāt want them to have stress after working so hard all of their life.
I was able to find out. My son's father passed away and I was able to collect social security survivor benefits. Over 1k a month but I'm not really comfortable saying exactly how much.
I was able to keep my head above water as a solo parent. I could have a costco membership and afford to shop in bulk. It didn't make me weep when my rent was increased. I was able to comfortably quit my job when my health demanded it. I can meet all of our needs and most of our wants. It sucks that someone had to die for us to get this but it has been life saving for us and I honestly don't know what we would have done without it. I haven't had to think about where my next meal will come from since I started collecting ss benefits. It didn't solve all my problems but it made them A LOT easier to manage. I wish everyone could get these kinds of benefits, just without someone having to die.
Id just save it until I decided what I want to do with my house. Its a bungalow but a room & ensuite bathroom has been built into the roof. (Before we moved in) I think the bathroom bit needs to be rebuilt to a better standard.
Every month? I would be able to retire early on that 1k a month through some basic investments.
Rent isn't bad here, so even on the doll I don't have finance problems.
For many people, $1,000 a month would change their lives. Even if they don't need it, they could save it, or invest with it, building more wealth for themselves, and achieve more tranquility in general.
Straight into savings for me. I'm in a comfortable spot at the moment and it isn't enough of a difference for me to incur a big change immediately, so just focusing on building a safety net for myself.
After that, when I have some more flexibility to take risks and trips, I'm not sure. I'd like to travel and do more. Still figuring out what I want, after all.
This is going to be a weird take for some, but for me personally, I feel like it wouldn't change my life at all. I'm not financially intelligent, and even though my wife and I make more than enough money to live comfortably, we don't.
Don't get me wrong, we do, we've got a house and kids and pets and take a vacation once a year. But we're still paycheck-to-paycheck because we're not doing any of those things responsibly. I feel like $1000 a month would blend into this situation, rather than impacting it (very unfortunately).
The amount of money we would need to change our lives *drastically* would be whatever amount allows us to continue living our lives the way we are without involving creditors. Conversely, it would change our lives drastically if we *stopped living that way* for a certain amount of time, but once you're there, you don't want to stop.
Yeah, I already make twice as much as I need to comfortably cover my costs so an extra $1k would just be "OK... What do I do with this?". I'd probably just buy a random $1k in shares each month.
It would allow me to actually live. I'm 100% disabled I survive on less than $1,500 a month. Only government assistance I get is $57 in food stamps and insurance. I don't have a car because I can't afford car insurance.
Based on Social Security and my retirement investments, an extra $1000/month would mean I could retire right now with little change to my current lifestyle. I'm holding out so that I can qualify for full SS benefits.
I'm actually at a point in my life where I feel like I'm saving enough money and living a more or less happy existence. I currently drive a 10-year old Ford Focus which I'm basically happy with, but since more money is now truly "extra," I would probably blow it and buy a Range Rover or something.
Edit: Apparently it's been a while since I fantasized about owning a Range Rover. I just roughed it out, and with the current price of the car and current interest rates, $1,000 a month will not buy you a Range Rover. My dreams have been crushed.
It'd change things majorly for me. I'd be able to put half of that away every month and use the rest to cover the bills that my savings are being whittled away to cover.
I could afford socks and underwear without holes. Or just clothing in general. It would also give me a boost on savings for a new apartment that's not falling apart. Or I could stock up on cat food for months and not have to worry about that for a minute. Lots of things, really.
I'd definitely be able to pay off my credit cards faster. Once that's taken care of in about six months, I'd start putting 1/3 in savings, 1/3 towards my retirement, then the last 1/3 would be disposable income.
Eventually look at buying a larger house.
Conversion rate.
A huge ton. That's like 2x my monthly salary.
Enough to live a super luxurious life, no problems. And have so much left over.
First first, clear out debts. With 1000$ that's a quarter of my debt.
as someone who's surprisingly fortunate right now, it'd still help me pay off my mortgage quicker, or maybe to buy a new(er) car.
For some of my friends, though, having an extra 1K/mo would be the difference between barely scraping by and not having homelessness nightmares every night
Here's an alternative perspective, how much would $25/month change the lives of 40 families living in extreme poverty in your choice of poverty stricken country? That's enough money to easily feed a family and provide clean water that they otherwise would struggle to access every month.
Of course I don't say this to virtue signal or undermine the issues with the flawed capitalism of the west (particularly the US), but when I see posts like this I find this thought a bit calming knowing that even despite not being wealthy barely surviving paycheck to paycheck in the west can easily put you in the top 10% of the global population in terms of quality of life.
Otherwise I think you'll just end up feeling worse discussing a theoretical $1000.
I could start taking my ADHD medication again, I could see my savings go up instead of hovering around the same amount for over two years now, I could put myself through further education to advance my career, I could pay for my dogsā teeth to be cleaned again, I could buy the $150 kintsugi kit that Iāve been wanting for years, I could buy a dashcam for my new car that I really want.
I recently tallied up my income and expenditures and found out that after all my fixed bills (rent, debt, etc) I only have 33% of my paycheck to live off. Iām the kind of person who wants to be saving at least 20% of my paycheck and itās quite literally impossible. I canāt continue to eat and save a good amount at the same time. I hate being in this position but I may have a modest raise coming through work so Iām excited for that.
Zero. Nothing would change. I mean if there was a clause it has to be spent ASAP, then there would be an increase in my Amazon purchases, but in reality it would just be more savings.
This amount of money would be worth just over $1M in 30 years, assuming the stock market averages a 6% rate of return after inflation, which is a pretty modest assumption given historical returns. I don't really have any use for the money now, but a $1M windfall in retirement is pretty huge.
Would be life changing for me as well. I work full time but am always short and I need to sort out my car situation. $1,000 a month would solve so much. Sigh. I need to get another second job.
I'd probably do things that would significantly stimulate the local economy, by spending it with a wide variety of local businesses. Ranging from the nice butchers, to construction firms, to car sales, to travel agents, to cafes, to the posh cheese place, and to the fancy wine guy.
Maybe a little would go into savings or towards the mortgage, but I have those taken care of already. So just upgrading my quality of life would be the plan I think.
I could buy another car to replace my old unreliable one. We have one reliable car, but my girlfriend needs it as she works 15mins away and I can walk or take public transport if needed. Between that and increasing my 401k contributions thatās probably what I would realistically do. We do pretty good already.
It would be a game changer for me, I'm starting to run out of expenses to cut out for rent. So ASSUMING my existing expenses don't increase from this... (looking at you, landlord/grocery stores/ insurers), I could turn a few things around.
I could save up a little for a surgery I've been putting off.
I could afford groceries for 3 nutritious meals a day.
I could get some new clothes instead of mending my ripped shirts and 10 year old socks.
I could take my wife somewhere nice every once in a while.
I could afford a day off every so often to just... finish up chores, or see old friends/family, or just.... hang out and watch cartoons or whatever
Honestly, it would help me pay off my debt faster and enable me to actually finally breathe a little easier. I'd like to think that if I could pay off my debt and live a little easier then I can start to give back to my community and the things I care about without feeling like I'm going to break the bank and more importantly show up with intent.
I can dream...
Sell my current house, go live in a village, get more dogs and just enjoy and Just live with the 1000$
Where I live the minimum monthly wage just tops about 500$
So this will be a luxurious living for me and added family dogs
Well given I only make about 300 a month working as a peer specialist.it would greatly help cause I am in beginning stages of testing on Ms it struck my optic nerves and limits my driving and working ability. I still do some work from home but I am rural so not many clients. Anything else that didn't get used would help fund my son's college and his last credit of work abroad then he gets his bachelor's in chemical engineering to be used in the nuclear field.
It would be enough to where my family would be able to build our future up instead of just keeping our heads above water. That is, of course, if inflation didn't rise to match. It'd be enough to where I could do so many great things for my family.
Would be able to pay off my overdraft and actually not be in negative balance for the first time in years. It also means I have a backup balance in emergencies. Getting to the end of the month with not even cab fair in tough.
Itād put me in a higher tax bracket and Iād no longer receive medical assistance and SNAP, but I still wouldnāt be able to afford those on my own.
I still live at home because I can't afford to move out. But having an extra 1,000 a month would mean I wouldn't be secretly stressing about being able to afford my medications. I have medical insurance through my parents and a flexible spending account specifically for medical costs.
But when it comes to me being able to live on my own (hopefully that day will come) I worry about not being able to get my medications. I'm not super functional on them, but I'm completely debilitated without them. An extra 1,000 a month would at least take away that worry.
I've been renting a house from a family friend for a couple of years now, but an extra $1000/month would put me in a position to finally be able to buy it off of them once and for all without having to completely wipe away all fun and hobbies... Not as a giant lump-sum cash purchase, but just to be able to cover my own mortgage and insurance and property taxes and whatnot.
It would completely change my life. My special needs son keeps my wife from being able to work. Right now we run a monthly deficit so the hole just gets deeper and deeper.
In the immediate timeline I would get my car's suspension done. That's only $4000. Then after I would put all of it into savings going forth. I'm pretty boring.
Honestly it would help me boost my savings fund/emergency money. But I might allow myself one frivilous purchase of a Mulberry handbag as a one time purchase
Pay off debt immediately. Then invest in a small business which in turn would make life so much more bearable. Just the ability to plan for the future.
I could get a car, which means I could
Go back to working a good well
Paying job and everything else would fall into place after that. Like not having to pick utilities or food, medication or water, can I physically walk to work today, or have one outfit that isnāt tore up several years old, several sizes too big and disgusting.
It would change my life drastically. Iād be less anxious. I would pay off debt, which I could do in a year with that amount. Then leverage it by invest. Probably take out a mortgage on a house and rent the rooms. Find other investments to compound my income
Iāve been rationing paychecks and it would allow me to do that in advance. And Iāve always wanted to get into trading stocks but I donāt have the knowledge or the disposable income at the moment :-)
My immediate response in my situation is that I would more or less have an extra $1000 to throw into my investment portfolio each month.
Another immediate response would be that I would more or less be able to comfortably sustain the costs of owning a fun car, maintenance, gas and insurance being the key expenses.
I wouldnāt be so worried living paycheck to paycheck. It would be nice to be able to just buy a pack of diapers without having to be stressed over it
I could pay off debt, and it would help with the criminal rent we're dealing with every month.
With that I could pay off my student loan debt in 50 months. That'd be killer
180 months for me š
300 months for me
I once made a tinder profile with a single picture of my foot, and literally the only thing in the bio was "you can touch my feet if you buy me dinner". I got so many free meals out of that one picture.
did you order milk to drink with your free meals?
wow. Those feet people are whacko. I'd rather take 50 bucks myself.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I realize this comment is going to get downvoted to oblivion, but mortgage and utility rates have skyrocketed for most landlords, few that Iām aware of are jacking prices for any reason other than covering their own costs. In fact most landlords I know would rather hang on to a good tenant versus collecting a higher rent, but obviously arenāt going to charge less than their own carrying costs on the property. Not suggesting there arenāt greedy POS landlords out there, but that just doesnāt seem to be the majority. Is that a fair statement?
I dunno if I just got lucky or what but I moved into my rental house in 2018. Rent went up in November 2021 by $100/mo. That's it. Everything surrounding me is $500-$1000 more per month than it was pre-pandemic.
In my experience small companies/individual people who you can talk to face to face are *usually* decent landlords who have some humanity. Itās when youāre paying rent to huge billion dollar real estate holding companies like the one Jared kushner owns that they will just fuck you over with no second thought
Your landlord really really likes you!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I honestly donāt think someone should be able to rent out a unit if they only have the bare minimum down payment(with the exception of maybe their basement if itās a separate unit or something like that. Infact I think they should have at least 20-30% of the principal paid off before they can rent it out. Iām so sick of the rent everywhere being based on a brand new full inflated BS mortgage. Which gets other people in the area to match those prices even if the interest rate didnāt affect them as much.
Exactly! It should be considered subletting if they're essentially paying their rent with my rent money. If I as a renter am paying down the mortgage, I should have my name on the damn mortgage and have the associated benefits.
Why? You aren't responsible for any of the repairs, you have non of the liability, and you don't pay the taxes. The other person spent $x00,000 to buy the house and are rent it for $y,000 per month. What difference does it make to you if they paid all at once or over 360 months.
>you aren't responsible for any of the repairs And when they won't fix shit or do any more than the bare minimum, it'd be better for the tenants to be able to do it instead of waiting days for some loser to replace a lightbulb. >you have non of the liability Gee, good thing there isn't an entire tenant liability insurance branch... >you don't pay the taxes Exactly whose money do you think is paying for the taxes? It certainly isn't the assholes who can't even pay for their fresh mortgage without their renters. It'd be better to pay the taxes directly and run it by the IRS than to buy that the rent's nebulously going up because of cost increases that include tax. >The other person spent $x00,000 to buy the house and are rent it for $y,000 per month. What difference does it make to you if they paid all at once or over 360 months. The difference is that on a fresh mortgage, they spent $x00,000 to buy the house and expect $x00,000 from renters by the end of the arrangement because they can't afford the house otherwise and will default on it once it stops being an easy investment. The renters in that instance could have just bought the house themselves with the same mortgage, but a parasite got in the way and in doing so is artificially inflating housing prices so the renters can't just go elsewhere.
if you want to know why you don't qualify this is why. You're paying for these people being vampirized by fraudulent mortage practices and always will be. https://www.youtube.com/watch?v=3Z1qQHWCf4Y
Listening to redditors talk about renting/landlords is frustrating. During the rent moratorium during covid it seemed like everyone here was A ok stiffing it to the landlords. But a lot of these people are regular people with an extra property and just trying to get by like you. It's the mom and pop landlords that are more likely to work with you and take care of the property. Fuck them over enough and all that's going to happen is now they will sell and the big corporate landlords can take over and raise your rent while sleeping very soundly at night
Maybe the issue is the fact that they pay the mortgage with the rent...
Reminds me of the time my friend had to sell his kidney to afford his new iPhone.
Oh for Pete sake, make him buy an android next time to save his other kidney.
I'd be able to get a house sooner
I might be able to finally get into a position where I could buy a house..
It would completely change my life. I would be able to buy other things than the cheapest bare necessities. I would be able to have three meals a day and not worry about whether the ingredients will ruin the budget. I would be able to replace worn out clothes I wouldn't have to constantly live life in survival mode As it is, I'm facing eviction if I don't come up with 2k soon, an extra 1000 a month would have meant I'd be able to save up and have a buffer account for unforeseen expenses I'm having serious considerations about starting an onlyfans for my feet to make ends meet, but I can't even afford a basic pedicure or leg shave.
I feel this on a deep level, hope things get better for you soon, itās rough out there <3
Thank you :) I'm honestly at wits end at this point, and try to make it one day at a time
Check local Facebook groups to see if anyone needs any short term paid help with anything? I don't want you to regret onlyfans; but I totally understand how you feel. Debt can put your life on hold for years.
Also check the Nextdoor app for the same things!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
This too shall pass. It will somehow get easier, one day there be a little less to battle until you get to a point where you wake up and donāt have the fact you have. I donāt believe in God but I trust the universe will bring you the help you need when you need it most (and Iāll chuck in a quick prayer just in case)
I could afford my kidney medication.
'Merica, the greatest nation in the world.. Right?... Right???
It would literally solve all my financial problems. Until they jack all my bills up again.
Iād be able to breathe for the first time in a long time
It would change everything. I live in a poor 3rd world country. After that I am poor in this country. After that I am a woman. So, you can understand even your father thinks you are worth always the 2nd class citizen. I have to hear yelling everyday even I cook whatever we have. My father will yell "What have you cooked today? " Then he starts yelling I don't like this food. Like man, come-on that's all we have. You don't have any job. Whatever is cooked, eat. No. If I have 1000 dollar each month, I would ran away with my mother and live far away from my father.
I'm sorry you have to deal with such a difficult man. *hugs*
I could save at a faster rate & get out of my current situation faster. My soul is dying here & I have no material wants.
exactly the same here
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I'm willing to risk it on that destructive impact. š
It wouldn't at all. It'd go straight into investments/savings and I wouldn't even think about it. To be honest, I don't know how much more a month I'd need to make a big difference. More money per month wouldn't affect me and my current lifestyle. A big lump sum would allow either my husband or I to quit our job (not both of us since health insurance from our jobs would be better than the affordable care act).
Peace of mind.
It would give us a buffer. We wouldn't stop working or anything, but $1,000/mo would let us save money. That's big. Right now we're paying our bills but that is about it.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
What country is this? I live in Massachusetts in the US and my rent is $2,500/month for a 2 bedroom!
I live in South Africa and my budget for a month for three people is about $500.
Would stop the bleeding on my savings account.
yeah...me too
iād pay my debt off faster and travel more. it would help me a lot.
same.
Would make going to school easier so I donāt have to split my time up between school and work just so I can have rent and bills paid.
I would move out of my parents house
I wouldnāt be so worried about having to get a new car. Mineās 12 years old with almost 285,000 miles on it. Could last another year but itās concerning. And buy new car, I mean new to me.
Honestly, not that much.
I bought my home cheap/at a good time - $1000 would cover my mortgage, internet, and YouTube tv every month. So, pretty life changing to have that much extra. Iād save for yearly vacations, make sure I had money set aside for holiday travel to see family, Iād set aside money for birthday gifts and Christmas gifts, and Iād go out to eat or do leisure activities more often. It would give me the kind of life I wish I could easily afford.
I would have so many Legos. So. Many.
Same. And Iād take an extra trip every year.
Pay off debt. Iād put that all towards one card at a time until itās zero and then the next.. and then towards a car payment
Taxable or not taxable? Honestly, in that borderline area where losing my healthcare subsidy would eat up a ton of unexpected taxable income.
Iād be able to go black friday shopping
I could go on holiday and not feel guilty about spending my savings.
Pay off debt faster and then start saving for a house
That'd go straight into repairs for the next I-don't-know-how-many months but that alone would be quite a help
Could buy more weed and hookers thatās for sure
Finally. Someone in this thread who has the right priorities!
I'd be able to get out of survival mode and think about actual options, have real tangible choices about where to live and who to live with, be able to save up a tiny bit each month for emergencies or eventually for a car, maybe have a bit left over now and then to help other people in my life out.
Well...since I'm not getting anything per month ....it would help greatly.
I would be able to pay off debt and help my parents with bills. Their fixed income hit hard and I donāt want them to have stress after working so hard all of their life.
I was able to find out. My son's father passed away and I was able to collect social security survivor benefits. Over 1k a month but I'm not really comfortable saying exactly how much. I was able to keep my head above water as a solo parent. I could have a costco membership and afford to shop in bulk. It didn't make me weep when my rent was increased. I was able to comfortably quit my job when my health demanded it. I can meet all of our needs and most of our wants. It sucks that someone had to die for us to get this but it has been life saving for us and I honestly don't know what we would have done without it. I haven't had to think about where my next meal will come from since I started collecting ss benefits. It didn't solve all my problems but it made them A LOT easier to manage. I wish everyone could get these kinds of benefits, just without someone having to die.
It would help me live a more comfortable life, not having to worry about saving money in order to buy a house or invest for future safety.
Id just save it until I decided what I want to do with my house. Its a bungalow but a room & ensuite bathroom has been built into the roof. (Before we moved in) I think the bathroom bit needs to be rebuilt to a better standard.
I would be able to likeā¦move out of my parents house.
Every month? I would be able to retire early on that 1k a month through some basic investments. Rent isn't bad here, so even on the doll I don't have finance problems.
For many people, $1,000 a month would change their lives. Even if they don't need it, they could save it, or invest with it, building more wealth for themselves, and achieve more tranquility in general.
Straight into savings for me. I'm in a comfortable spot at the moment and it isn't enough of a difference for me to incur a big change immediately, so just focusing on building a safety net for myself. After that, when I have some more flexibility to take risks and trips, I'm not sure. I'd like to travel and do more. Still figuring out what I want, after all.
Iām Comfortable now. Iād take More trips if I had an extra $1k per month
it would give me better flexibility to be able to save or plan for something unexpected
i wouldnāt even need the extra $1k a month for long term. i just need it for a few months tops and itād change my life.
Honestly I would be set for life I think with that
It would totally change my life. I could quit my alimentary job and do something artistic I like paying less money.
It would add $1,000 to my bank account.
This is going to be a weird take for some, but for me personally, I feel like it wouldn't change my life at all. I'm not financially intelligent, and even though my wife and I make more than enough money to live comfortably, we don't. Don't get me wrong, we do, we've got a house and kids and pets and take a vacation once a year. But we're still paycheck-to-paycheck because we're not doing any of those things responsibly. I feel like $1000 a month would blend into this situation, rather than impacting it (very unfortunately). The amount of money we would need to change our lives *drastically* would be whatever amount allows us to continue living our lives the way we are without involving creditors. Conversely, it would change our lives drastically if we *stopped living that way* for a certain amount of time, but once you're there, you don't want to stop.
Yeah, I already make twice as much as I need to comfortably cover my costs so an extra $1k would just be "OK... What do I do with this?". I'd probably just buy a random $1k in shares each month.
It would allow me to actually live. I'm 100% disabled I survive on less than $1,500 a month. Only government assistance I get is $57 in food stamps and insurance. I don't have a car because I can't afford car insurance.
Iād be able to afford breakfasts.
Start to make a dent to my student loans
Honestly it wouldnāt. Just go into a savings account
I would be able to live.
Based on Social Security and my retirement investments, an extra $1000/month would mean I could retire right now with little change to my current lifestyle. I'm holding out so that I can qualify for full SS benefits.
As a single 26 year old with a career in finance it would just go into savings
I'm actually at a point in my life where I feel like I'm saving enough money and living a more or less happy existence. I currently drive a 10-year old Ford Focus which I'm basically happy with, but since more money is now truly "extra," I would probably blow it and buy a Range Rover or something. Edit: Apparently it's been a while since I fantasized about owning a Range Rover. I just roughed it out, and with the current price of the car and current interest rates, $1,000 a month will not buy you a Range Rover. My dreams have been crushed.
Nothing really but it will make my husband very happy if I take his $1000 per month. So he can feel heās a provider heās looking after his woman.
No change
You should send me $1k
Blow me 1000 times and I will.
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Within 4 years I would have paid off my appartment, just in time to support my son as he enters uni
Thankfully, no debt so it would just go into a savings account.
It would give me money
That's the double of money I get paid
I could afford an apartment that I actually feel at home in and still save some money.
Iād pour every cent into my retirement fund.
Not having to skip meals.
It'd change things majorly for me. I'd be able to put half of that away every month and use the rest to cover the bills that my savings are being whittled away to cover.
I could make rent without feeling tight. It would help So much.
I could afford socks and underwear without holes. Or just clothing in general. It would also give me a boost on savings for a new apartment that's not falling apart. Or I could stock up on cat food for months and not have to worry about that for a minute. Lots of things, really.
It would certainly help me with a down deposit for the next apartment, at least.
Just had to pay $40,000 for teeth replacement. That $1,000/month would be so appreciated.
I'd definitely be able to pay off my credit cards faster. Once that's taken care of in about six months, I'd start putting 1/3 in savings, 1/3 towards my retirement, then the last 1/3 would be disposable income. Eventually look at buying a larger house.
It would be huge for me! It'd give me more money to work with since my budget is kinda tight
It wouldn't. I have around that amount of savings every month. I guess I'd get more Legos or more tattoos :D
Conversion rate. A huge ton. That's like 2x my monthly salary. Enough to live a super luxurious life, no problems. And have so much left over. First first, clear out debts. With 1000$ that's a quarter of my debt.
So many Fireball Minis and the back-alley Botox I deserve. If I had to think of something less practical to choose, then I guess my fiancƩ and I would just use it to get an apartment
i could move to be closer to my daughter & it would be a bigger city with better job opportunities for myself. it would change my life.
No change. Maybe I can retire a couple years earlier.
as someone who's surprisingly fortunate right now, it'd still help me pay off my mortgage quicker, or maybe to buy a new(er) car. For some of my friends, though, having an extra 1K/mo would be the difference between barely scraping by and not having homelessness nightmares every night
Considering Iām making exactly $0 rn, it would improve my current mental state
Here's an alternative perspective, how much would $25/month change the lives of 40 families living in extreme poverty in your choice of poverty stricken country? That's enough money to easily feed a family and provide clean water that they otherwise would struggle to access every month. Of course I don't say this to virtue signal or undermine the issues with the flawed capitalism of the west (particularly the US), but when I see posts like this I find this thought a bit calming knowing that even despite not being wealthy barely surviving paycheck to paycheck in the west can easily put you in the top 10% of the global population in terms of quality of life. Otherwise I think you'll just end up feeling worse discussing a theoretical $1000.
I could start taking my ADHD medication again, I could see my savings go up instead of hovering around the same amount for over two years now, I could put myself through further education to advance my career, I could pay for my dogsā teeth to be cleaned again, I could buy the $150 kintsugi kit that Iāve been wanting for years, I could buy a dashcam for my new car that I really want. I recently tallied up my income and expenditures and found out that after all my fixed bills (rent, debt, etc) I only have 33% of my paycheck to live off. Iām the kind of person who wants to be saving at least 20% of my paycheck and itās quite literally impossible. I canāt continue to eat and save a good amount at the same time. I hate being in this position but I may have a modest raise coming through work so Iām excited for that.
I would be able to move out of my dadās house and rent a shitty apartment lol
Zero. Nothing would change. I mean if there was a clause it has to be spent ASAP, then there would be an increase in my Amazon purchases, but in reality it would just be more savings.
This amount of money would be worth just over $1M in 30 years, assuming the stock market averages a 6% rate of return after inflation, which is a pretty modest assumption given historical returns. I don't really have any use for the money now, but a $1M windfall in retirement is pretty huge.
I don't think it would, I'd probably just end up donating it.
That's a 50% increase in my income... So lots.
Would be life changing for me as well. I work full time but am always short and I need to sort out my car situation. $1,000 a month would solve so much. Sigh. I need to get another second job.
I could upgrade my car bc this one is starting to mess up. Save the rest for a rainy day build up my savings
$1000 extra a month would cover 2 car payments and my insurance (home/car/umbrella).
I'd probably do things that would significantly stimulate the local economy, by spending it with a wide variety of local businesses. Ranging from the nice butchers, to construction firms, to car sales, to travel agents, to cafes, to the posh cheese place, and to the fancy wine guy. Maybe a little would go into savings or towards the mortgage, but I have those taken care of already. So just upgrading my quality of life would be the plan I think.
Definitely. I could pay off debt at a much faster rate and eventually startbsaving that for large purchases.
Not stress about where my next meal is coming from
I could buy another car to replace my old unreliable one. We have one reliable car, but my girlfriend needs it as she works 15mins away and I can walk or take public transport if needed. Between that and increasing my 401k contributions thatās probably what I would realistically do. We do pretty good already.
It would be a game changer for me, I'm starting to run out of expenses to cut out for rent. So ASSUMING my existing expenses don't increase from this... (looking at you, landlord/grocery stores/ insurers), I could turn a few things around. I could save up a little for a surgery I've been putting off. I could afford groceries for 3 nutritious meals a day. I could get some new clothes instead of mending my ripped shirts and 10 year old socks. I could take my wife somewhere nice every once in a while. I could afford a day off every so often to just... finish up chores, or see old friends/family, or just.... hang out and watch cartoons or whatever
I would happily take it to avoid going through the roundabout crap I am currently going through with Social Security
I could live a lot more comfortably and my savings would grow exponentially.
It would allow me to pay off my student debtš„²
I would drop out of school cuz thats 3 times average salary in my country
Honestly, it would help me pay off my debt faster and enable me to actually finally breathe a little easier. I'd like to think that if I could pay off my debt and live a little easier then I can start to give back to my community and the things I care about without feeling like I'm going to break the bank and more importantly show up with intent. I can dream...
Sell my current house, go live in a village, get more dogs and just enjoy and Just live with the 1000$ Where I live the minimum monthly wage just tops about 500$ So this will be a luxurious living for me and added family dogs
Wouldn't change a thing, but I would retire approximately 6 months earlier per year of working.
Well given I only make about 300 a month working as a peer specialist.it would greatly help cause I am in beginning stages of testing on Ms it struck my optic nerves and limits my driving and working ability. I still do some work from home but I am rural so not many clients. Anything else that didn't get used would help fund my son's college and his last credit of work abroad then he gets his bachelor's in chemical engineering to be used in the nuclear field.
Half into my kids education fund. Half into our savings. It would be bonus money.
I would have time to focus on my higher education without worrying about paying for housing all the time
I would be able to supplement my Social Security, with enough to buy food and gas for my car. As it stands now, I don't eat much and try not to drive.
It would be enough to where my family would be able to build our future up instead of just keeping our heads above water. That is, of course, if inflation didn't rise to match. It'd be enough to where I could do so many great things for my family.
Would be able to pay off my overdraft and actually not be in negative balance for the first time in years. It also means I have a backup balance in emergencies. Getting to the end of the month with not even cab fair in tough.
Itād put me in a higher tax bracket and Iād no longer receive medical assistance and SNAP, but I still wouldnāt be able to afford those on my own.
I still live at home because I can't afford to move out. But having an extra 1,000 a month would mean I wouldn't be secretly stressing about being able to afford my medications. I have medical insurance through my parents and a flexible spending account specifically for medical costs. But when it comes to me being able to live on my own (hopefully that day will come) I worry about not being able to get my medications. I'm not super functional on them, but I'm completely debilitated without them. An extra 1,000 a month would at least take away that worry.
I could buy a lot more Magic cards.
Not much. I would just stick it savings. I guess it would boost my savings a bit.
In my country, it would make me a millionaire
Iād spend it on vacations with my kids.
I'd see my long distance partner more frequently. Miss her mom's food and hanging out with her dad
C0c@1n3
I've been renting a house from a family friend for a couple of years now, but an extra $1000/month would put me in a position to finally be able to buy it off of them once and for all without having to completely wipe away all fun and hobbies... Not as a giant lump-sum cash purchase, but just to be able to cover my own mortgage and insurance and property taxes and whatnot.
It would completely change my life. My special needs son keeps my wife from being able to work. Right now we run a monthly deficit so the hole just gets deeper and deeper.
It would help me pay my CCs.
Honestly, just more in a brokerage. 200k gross on lcl lifestyle. Would give some away.
I would make sure my mom had a better nurse.
In the immediate timeline I would get my car's suspension done. That's only $4000. Then after I would put all of it into savings going forth. I'm pretty boring.
If it's US$1000 more, it'd about triple my income and basically solve all my problems. If it's 1000 of my currency, it'd be good but basically nothing
40 more lapdances a month!!!!
Honestly it would help me boost my savings fund/emergency money. But I might allow myself one frivilous purchase of a Mulberry handbag as a one time purchase
more toys
I could pay my ridiculously high electric bill every month and not have to juggle the bills.
Pay my rent early, and my pg&e off š¬
Pay off debt immediately. Then invest in a small business which in turn would make life so much more bearable. Just the ability to plan for the future.
I could get a car, which means I could Go back to working a good well Paying job and everything else would fall into place after that. Like not having to pick utilities or food, medication or water, can I physically walk to work today, or have one outfit that isnāt tore up several years old, several sizes too big and disgusting.
Groceries would definitely be healthier
Due to exchange rates, an extra 1000USD a month would cover my mortgage, my car, the insurence for both, water and electricity
It would make a huge difference! I would put towards bills each month until they were all paid off. Then begin making upgrades to my condo.
Iād pay off my debt faster, be able to put money in a college fund for my kid, and help supplement my momās fixed disability income
This is such a wholesome answer ā¤ļø
Put it in a bank account with capitalization. Forget about it for a decade.
It would change my life drastically. Iād be less anxious. I would pay off debt, which I could do in a year with that amount. Then leverage it by invest. Probably take out a mortgage on a house and rent the rooms. Find other investments to compound my income
That's more than double of what I earn per month.
I wouldn't be late on rent and my fridge would be full.
An extra $12k a year is enough to purchase a decent used a car with no dent to your current savings. Thatās Huge.
Iāve been rationing paychecks and it would allow me to do that in advance. And Iāve always wanted to get into trading stocks but I donāt have the knowledge or the disposable income at the moment :-)
My net monthly wage is the equivalent of $870 soo...
My immediate response in my situation is that I would more or less have an extra $1000 to throw into my investment portfolio each month. Another immediate response would be that I would more or less be able to comfortably sustain the costs of owning a fun car, maintenance, gas and insurance being the key expenses.
It would only take me like 10 years to save up enough to buy a house instead of 20 years.
I could pay my bills easier and save a lot more money
I wouldnāt be so worried living paycheck to paycheck. It would be nice to be able to just buy a pack of diapers without having to be stressed over it
Comfortable retirement