How is everyone feeling this wonderful Friday. Now that everyone knows my thoughts around what I consider middle class and how I believe the middle class behaves based on my personal experience lets dive into some more emotions on being a middle class man. Like I said its Friday which means pay day for most people. The day you need in order to survive is finally here it felt like it took weeks, and in my case it took 8 days since my last paycheck ran out and I had to supplement my life with credit cards thankfully this cycle I didn't have to put to much on my credit cards so I will be able to pay them off with my check. I am going to share the way I budget my expenses with you all here based on nice even numbers so its easy to follow, as an example I found this to be helpful so maybe it will help you all as well. What I do is break everything down to 4 categories Pay, Bills, Save, and what's left. I get paid bi-weekly which is typically twice a month with the exception of 2 months where I will get three paychecks. So what I have is two checking accounts and a savings account. One of my checking accounts is where every single bill comes out of . The second checking account is my everyday spending account. I will start every single month with $2,800 in my bill account so I know that all of my bills will be covered for the month and then my two paychecks I will move over $1,400 to the bill account, so I start next month with $2,800 all over again, this way all of my bills are on auto pay and I know for a fact they will be paid no matter what the date is. Then I move over $150 to savings, which I try extremely hard to not touch. That leaves me with roughly $450 to spend over the 14 days until my next paycheck. Now the bulk of that goes to Gas and groceries and I typically get only about $150 to spend on myself until my next check. So now everyone gets to see what the typical middle class man goes through just to pay his bills, to survive he gets a whooping $150 per paycheck to spend on " luxuries". Now that some facts are laid out how do you feel about the typical middle class man whether you are one or just want to know how most of us survive? Happy, frustrated, annoyed, angry, envious, fearful? How do you think we feel? Well I will tell you how I feel, I feel tired, frustrated, annoyed but most of all Happy that I have a job and contribute to a family and spend time making memories with them even thought I put in 40 hours of work a week busting my ass. The middle class is here and we want to be represented. Lets have a voice!
USED AS EXAMPLE ONLY This example was based on the person taking home $52,000 a year.
Pay Bi Weekly Bills Save Left
$2,000 $1,400 $150 $450
$2,000 $1,400 $150 $450
$4,000 $2,800 $300 $900
Bills
Mortgage: $1,600
Electric: $250
Car: $320
Car Ins: $120
TV: $79
Phone: $70
Subscriptions: $60
Child Care: $300
Total:$2,799 I round up so $2,800