What would you do with an extra 1000€ a month?

Probably just throw it in the bank / Invest it.

I know not the most exciting answer but there you are.

Pay a bunch of tax on it then wonder what to do with my extra 580€ a month

Ah fellow Dane lol

Save and buy a home. I'm tired of paying fat fucks to live under a roof

So for like 600 months. That's 50 years for a decent house. When 50 years roll around, it'll be far more than that so you'll have to keep saving but you'll never get there.
- Eh, you can find some decent ones in my country for about 150K, which is about 12 and a half years. But tbh yeah, the current housing market is just sad.

Quit my job and find a place where I can live off 1000 a month

Quit my job and live in the place I am.
You still need food, clothes, Internet etc
- The place I'm going, I only need food
- I've traveled on far less than a 1000 eur a month. With that kind of money, I can still save up.

Maybe leave the parents house and begin a life in an apartament, at 40 years old.

Good luck to you

Complain that it's not in pounds.

Support open source projects, such as Wine, KDE, Wayland, LibreOffice etc.

This guy is based

Invest in ETFs.

Permanently Deleted

Yea. Though, TBH, given many things I've seen, I'm not really sure how bad it is to just ... eventually... not pay off the debts.(In the US) Like, yes, it'll hurt your credit - but even bankruptcy clears out in 7-10 years from what I understand. Just not paying off some credit cards?

So, if you're young enough, that might well not be a big deal, you can wait it out being poor just like you are now. If you're old enough, you probably don't care - one hopes you're not looking for a big loan at 80. And I also wonder - you know - on unsecured debt anyway - what is going to happen? I suppose if your total is high enough they might garnish your wages. But OTOH, many times it's just avoiding debt collectors, which usually is just not reading that mail, and not answering unknown phone numbers. You know - daily life in 2023.

I'm not going to suggest you default on your debts (unless it's in the context of dying without anything in your estate to go after), but I know of plenty of people who manage to go through life for decades basically paying very small amounts to keep foreclosure and tax auctions away, and otherwise just don't pay bills. The downside is they can't get loans, and don't have spare money - but it depends on where you are currently too - maybe that's just current life anyway.

Probably find a way to waste it without affecting anything.

I make 1000€ per month more than 5 years ago. Didn't affect anything. You always seem to increase your monthly expences with equal ammount. Buy slightly better clothes, more expensive food, get a new pet, etc. and it all just disappears.

Is being able to afford these things really not affecting anything?

Especially the pet sounds like quite a difference to me.
- We already had a pet, so it was to make the pet happier, but it was a bad example.
  
  For example in food you can buy the cheap tortured chiken or organicly grown outdoor chiken. It's still the same chicken. You just feel a bit better when you think about it.
  
  Little improvements like this are a money sink and you can easily sink a 1000€ per month without really changing you everyday life.

Save it.

1000€ is not nearly enough for me to change my lifestyle

It's so interesting to me how money can have such a different value for different people. I live in the EU yet I make less than 1000€ a month even though prices are at EU levels. This would more than double my income and it would mean I could finally afford new clothes, I wouldn't have to worry about having money for food, bills would be paid on time and I could even save up a meaningful ammount! It would be a literal life-saver.

Save it

Fix my teeth and go to med school. In that order

Privat med school in Germany costs a bit over 12k a year depending so I'd just work and save for a year or two first, then enroll

I'd rent an apartment closer to my work. I'd also pay off my car and probably get a new one. Maybe a new mustang or something like that.

It'd definitely be enough to let me live comfortably, at least comfortably enough to really enjoy my hobbies.

Pay my house off faster

Pay my bills

Save up for:

Upgrading the A/C
Preping my vehicle for selling and buying electric
Cooking class
Starting therapy again
Switching back from the budget supermarket to the fancy one
Dental
Personal trainer
Gym equipment

Buy a newer car and increase my 401k contribution. Maybe I could retire a couple of years earlier than I plan to.

Stop budgetting

Soon it’d feel then as if you live as before.

Retire

I would buy more money. 🤓

Edit: No, Iym nut spootid.

a good set of clothes would be the first thing.

10k in dental work needed. 2k in car repairs needed. Whole wardrobe of 10yo clothes desperately needs replacing.

Probably 50% on the car and 50% on new clothes

I kinda make that extra 1000 a month. I am a disabled vet and pretty much get UBI for the rest of my life, and I gotta saaaay it's pretty nice. Definitely lowers stress in a huge way. No matter what, mortgage is always paid. I really wish this could be a thing for everyone. Or, you know, businesses would be forced to pay workers a minimum wage based on profits or something, I don't know.

I'm south american so converted I could live like a king and never work again for the rest of my life. Uh, or start financing a way out haha

If everyone else also gets it? Nothing; rent and food prices would increase and eat it up.

If everyone else doesn't get it? Avoid homelessness slightly longer than everyone else; rent and food prices would still increase and eat it up, but everyone else would run out of money and become homeless.

Have less stress, buy books. Is it extra if I make less than that now?

NFTs, cheap gin and scratchers.

Real answer: pay off my car as fast as possible and throw the rest in savings

I’d be able to pay off the debt collectors pretty quick. Then I’d be able to get a car, one that doesn’t feel like it will die at any moment. I might even have enough leftover to throw a hundred or so into a savings account.

Right now, none of that is possible. Eventually I’d like to be able to make enough to do some of those things, but that day is pretty far off.