This iReport is part of an assignment:
In need of a Money Coach?
Treading Water
My problems could be worse but here's my story, I'm a single female with no dependents. I own my home (well, a few doorknobs--the bank owns the rest) which is financially underwater. Other than that, I have no major debt. My car has been paid off and my credit cards carry no balance. My monthly house payment is approximately 50% of my monthly take home pay. I put 5% of my pay (approx $55,000 annually) in a 403B which my employeer matches. By the time I pay for monthly household expenses such as power, water, food, ect. I don't feel as if I have anything left to put into savings. I rarely splurge on unnecessary things, bike to work, seldom eat out, buy off name products, use coupons and don't even have cable TV or a land line. To date, I have about $50,000 in retirement money but that's not nearly enough. How can I do more? Should I take on a second job? Please help!
PS: Even though I don't have cable TV, I try to time my lunch break at work so that I can catch your show!
PS: Even though I don't have cable TV, I try to time my lunch break at work so that I can catch your show!
- TAGS:
- GROUPS:
What do you think of this story?
Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
Be and editor! Choose an option below:
More from this assignment - In need of a Money Coach?
iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.
© 2013 Cable News Network. 
Comments