Is your financial house in order, or is the roof leaking and the foundation cracking?
It costs a lot of money just to live and wake up each day. You might think that your living costs involve rent and maybe some groceries, but if you tallied up what your life really costs, you might find yourself cowering under your duvet, chewing on a shoe and rocking slowly back and forth.
Well, we're brave like that, so we're going to tell you exactly what it costs to buy a car, rent an apartment, buy a house, and generally run that wonderful and sometimes crazy thing called your life.
Taking a look at the cold, hard numbers can help you make better choices and can help you sort out what things really cost.
The nice sales person at your local car dealership may claim that the car costs $30,000, but what does that mean to you? Looking closer, you might find that with a car loan, gas, maintenance, and other costs that car ends up costing you closer to $40,000. Break that down to what it costs to drive per day…and is it still worth it? Well, that's the $40,000 question.
You find a sweet apartment for $2,000. But with all the utilities and other costs, you're looking at $2,500 to live there. That's about $83 a day. Worth it?
That, Shmoopers, is what we're going to figure out together.