I don't think I'm adulting right. I just got a job that pays $30k more than I was making and proceeded to buy a house that will eat most of the take-home pay up so I still have the same lifestyle.

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Nope that seems right. Millennial here too! 😅

likeuplifting

Oh hey there, fellow millenial

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I probably would have not bought the house immediately. On one hand, you should now at least be putting 40% of the mortgage payment against the debt as opposed to 100% of your rent going to someone else. But if it’s eating up the entire delta in your salary, that seems counterproductive unless it has given you utility in other areas (space, location, etc.).

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You also get to pay more taxes on that 30K so at least you have going for you!

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That is one depressingly negative way to look at life.

I don't think I am either then, did almost this exact same thing two years ago and it hurts lol. I keep telling myself it's better than throwing away money every month on rent, but that's not much consolation

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Your mortgage should be no more than 25% of your monthly take home pay. If it is, then definitely may want to try cutting back on some other expenses or selling some things to put toward a car note, credit card debt, etc. Definitely feel you as a fellow millennial.

Find a new new job? 😅

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