Seattle couple earning 0,000 can’t pay bills in 2024

Seattle couple earning $200,000 can’t pay bills in 2024

Lifestyle

Six figures ain’t what it used to be.

A West Coast couple – who earned $100,000 each – raised eyebrows after revealing they were struggling to pay their bills in today’s bloated economy, forcing them to forgo small luxuries such as expensive gym memberships, European holidays and trips to local restaurants.

Natalie Fischer, 25, and her partner Keldon thought they’d made it after landing good jobs in Seattle’s tech industry.

But after trying to raise $20,000 for their wedding a while back, the lovebirds quickly realized they had no idea where all their money was going.

In a recent viral post on social media, Natalie openly shared how the couple decided to “downsize” their lifestyle in 2024 in order to get their finances under control – a growing struggle for many younger households due to the steep and sudden rise in the cost of living.

“I consider me and my husband middle class,” said Fisher, 25, a content creator.

The couple used to pay $208 a month for their gym memberships, which they have since canceled. @investwithnat / SWNS
Raising the necessary cash for their wedding made the couple think twice about their expenses.
Night outs with friends have been a major drain on their finances — since New Year’s, they’ve been eating at home. @investwithnat / SWNS

“We live in the greater Seattle area and both had nine-to-five jobs in the tech industry. We both make over $100k, and as we started making more money, we treated ourselves a lot more,” she admitted.

“A big reason we decided to downgrade our lifestyle is because we didn’t know where our money was going.”

“Just five years ago we were broke students. As we started making more money, we treated ourselves more.

“We didn’t worry too much about spending money … I noticed that it was very difficult to keep track of how much we were spending.”

Even though they live in a relatively modest 2-bedroom apartment in Seattle with a $2,378 mortgage and don’t own cars, exorbitant $208 gym memberships, $100-a-pop manicures and pedicures, $60 dinner checks and other expenses drained their bank account. much faster than they expected.

That’s all gone now, Fisher said. Since the beginning of time, they have avoided restaurants altogether, cooking more at home. Now they run instead of going to the gym and evaluate their credit cards to get rid of the ones with the worst charges.

“I was living beyond my means. I want to significantly increase the savings we have, and I feel like we spend too much, so I’m trying to balance that out this year,” Fische said.

The couple is enjoying their honeymoon in Thailand. @investwithnat / SWNS

What the Fishers spent in 2023

  • Mortgage: $2,378
  • Bills: $1,163
  • Gym membership: $416
  • Food: $524
  • Dining out: $300
  • Clothing purchases: $430
  • Socializing: $105
  • Savings: $0
  • Total: $4,601

What they plan to spend in 2024

  • Mortgage: $2,378
  • Bills: $753
  • Gym membership: $0
  • Food: $227
  • Eating out: $0
  • Clothing purchases: $10
  • Socialization: $0
  • Savings: $400
  • Total: $3,368




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