Am I considered broke?

[Anonymous]

Budgeting/Saving/Investing/Spending
(FL), 27F I feel like this is the tightest I’ve been with money in a while. I used to have 5-6K in the bank and after quitting a job I was unhappy at, I was unemployed for almost 6 months and had to take care of myself. Flash fwd to present, I have about 1.5K saved up and $100 in cc debt (I took out a personal loan to pay off the remainder).

I make about $18 an hr, 40hr work week, my mortgage and HOA fees went up to around $1200 a month. My ‘13 Hyundai is paid off, with the HOA fees going up after I had to put payments on pause because of having no job plus having to pay the loan back is not helping.

Yes

No

[Goforit1010]

Considered "broke"? Yes, but you're far from out of it. Sounds like you're pinching your pennies as good as possible given this lousy economy our Gov't created for us.

Hang in there and keep doing what you've been doing. I hate to be the bearer of bad news but it's going to get a bit worse before it gets better. Don't lose hope. Consider getting a part time job to go with the one you have. That would help keep you afloat a while longer until the economy changes. I KNOW it's physically difficult to do that but consider it.

You're doing well considering the crappy situation we all have to live in.

[Jamie05rhs]

You're making a lot of money. You probably need to budget. Because it looks like you have plenty of income to take care of everything.

PM me if you want and I will help you.

[kylee2437]

I think everyone’s definition of broke is different but personally I think you are almost if not 9/10 to broke.

[Guy13]

You are over extended. You own or rent.

[TallAnon]

Since you have capital, technically no.