$150 for a car should include gas on minimum wage
What? Why would it? First off, the budget implies that you would be working two jobs, so that's a lot of driving. But let's assume you only have to drive 10 miles on a work day, and you work 22 days a month (unlikely since you're working 2 jobs). That's 220 miles a month, which translates to 9 gallons of fuel used if you average 25 mpg. That costs a little over $30. Leaving barely more than $100 for a car payment.
That basically means you'd be taking out a 4-year loan to buy a $5,000 car. Cars that cheap tend to be old, and cars that old tend to have high interest rates if you try to finance them. And people who need to finance cars like that tend to have poor credit, meaning even worse interest rates. So maybe make that a $4,000 car instead, to account for interest payments. Now make sure it lasts for the entire term of the loan without any major repairs. Still think you can fit a car payment and the cost of gas and repairs into $150 a month?
Again, this is all assuming you ONLY have to drive 10 miles total, you ONLY drive on work days, and your car gets pretty decent combined mileage given its price.
that budget seems reasonable to me, i don't get it
it even includes 800 a month for "spending", someone explain whats amusing, this can easily include food
ofc this is assuming being single w/ no kids, once you add in a kid clearly it's not a sustainable income
That $800 covers all the shit not covered in the actual budget. That would include around $80 that was left out of the health care bracket (cheap, high-deductible health care costs around $100/mo, not $20), the cost of heat and/or gas (they set it to $0 for some reason), and all your food.
And remember, this is assuming you are working TWO JOBS with a gross monthly income of roughly $2,500. If you work 55 hours a week, that is about $10 an hour. And McDonalds employees usually make less than that.
