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Old 04-25-2011, 06:49 PM
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Default Syracuse

Rent for 3 bedroom apartment: $900 month
Electric: $200 a month
Cable/Internet: $120 a month
Gas: $4 gallon $200-$300 a month
Groceries: $400-$500 a month for two people
Cost of Used Car with Lease: $11,000 or $300 a month with 11% interest with good credit
Health Insurance: $550 a month
College: $100k after interest or $1600 a month (impossible to pay)
Entertainment: None, can't afford.
Salary: 20k a year if you are under 30
You will be in debt
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Old 04-25-2011, 06:54 PM
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Default One more thing

I forgot to mention that it's impossible to retire. My mother would get 2k a month in Medicaid and pension if she retired. After Federal Taxes that's 18k a year. Then there's local taxes which are 6k a year. She would be left with 12k a year which is impossible to live on. She's going 67 and will never retire. No wonder why there aren't enough jobs for the youth.
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