We make about $2,220 a month. He has a car payment of $324 a month and our cellphone is about $150 a month. With the money thats left, would we be able to do it, plus food & gas & we have a puppy so the stuff he needs as well? And we’d want to rent, would it be better to Rent to Own, or just rent an apartment/townhouse/house?! Please help, we’re living in a family members house& all we do is sit in our room all day long (other than working) and all of the advice will help!!



He needs to put more money down on his car to get rid of that payment. It really screws up everything. He should spend a few months just focusing on paying off the car if he can (maybe some extra working hours). If you guys live in US, then when it comes to food, you should definitely start some serious couponing to save on money.
If you get rid of those things, you might be able to afford a house. I’m not sure about rental or to just buy a house. Check your bank or what not to check after you were to pay off the car bills and cut down on food expenses if you guys are able to buy a house. A rental is good, but is just another bill to pay off each month, whereas a house you are paying off on something that you own instead of on something that you do not. But, if you were to rent that would be a great temporary choice, where you both can rent and save up for the dream house you’ve always wanted.
Good luck
I would buy a townhouse or condo they are pretty affordable they can be as low as 23,000 USD for a one bedroom at least where I live
also I think your boyfriend should buy a used vehicle instead on doing the $324 payments unless he is almost done paying the car it doesn’t matter
I think you guys can pull it off just come up with a plan
It could possibly work (depending on where you live)…
But you all will have to keep a VERY TIGHT budget….So that means you will have to sacrifice the little things. Be prepared…. And make sure you both are very disciplined when it comes to spending your money.