| Posted By |
Message |
| Pages: 1 2 3 [4] |
jozieb0925
Double Trouble!
Member since 5/05 4358 total posts
Name:
Josie
|
Re: Guys Im really depressed
Sorry about your financial issues. But, maybe you should consider meeting with a financial advisor.
|
Posted 10/10/06 11:52 AM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource |
nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
|
Re: Guys Im really depressed
Just to echo what everyone else has said, if you cannot afford the party, don't have it.
|
| Posted 10/10/06 11:53 AM |
| |
|
~Colleen~
my loves...
Member since 5/05 9129 total posts
Name:
guess
|
Re: Guys Im really depressed
Posted by HollaGirl
There is still a problem if they have a yearly income of $160K, and cannot afford car payments.
I feel the same way.
Something is not adding up if you are unable to save more than $400 a month, with barely any debt and living in a co-op.
Like others have suggested, you need to sit down and record EVERY SINGLE CENT you spend - do this for 2 weeks and you will be SHOCKED at what you spend your $$ on and where you can cut back and save.
I'm sorry you are in this situation but it's not the end of the world if you can't buy something you *want*...if it's something you need, that's another story. Jmo.
Maybe combine your finances differently - try to bank one check while living off the other...or at least a chunk of one check. $400 a month in savings is not a lot of cushion and you should have more than that on $160k.
edited for spelling
Message edited 10/10/2006 11:55:21 AM.
|
| Posted 10/10/06 11:54 AM |
| |
|
WhatNow
Say Cheese!
Member since 1/06 8033 total posts
Name:
A (formerly WhatNow?)
|
Re: Guys Im really depressed
I didn't read all the responses so not sure if anyone already suggested that but I think you need to sit down with you Dh, caculate exactly what part of your monthly income goes towards co-op payments and see how much is left. Then figure out what other expenses you have, i.e. car payments, school loans, gym memberships etc and look deduct that from you total as well.
Then you will see the total you are actually left with. Now go into all your credit cards statements and see exactly what money is being spend on. Do you make impulsive clothes purchase, like if you see yet another beautiful bag that you don't need but just have to have? i think we are all guilty of that
Do you buy $4 coffee every morning? Do you buy $10 lunches? Do you order out a lot? Those things really add up and at the end youa re left with nothing.
Dh and I this what I sugested about 2 moths ago and you wouldn't believe what we discovered. We were wasiting a lot of money on imposlive food purchaces, on little things here and there. It only seems like $10 only once but you buy 10 of those little things a months, that 100 bucks.. See what I mean?
$160K is a LOT of money, especially if you are saying that your mortgage payment is not that big. I think you need to really "detoxify" your spending habbits and really see just where they money is slipping! It will be very benificial, you will feel better and much more in control of your life and you will actually HAVE MONEY! Good luck!
|
| Posted 10/10/06 11:57 AM |
| |
|
JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name:
Jennifer
|
Re: Guys Im really depressed
That's such a hard feeling. To work so hard and not be able to buy something you want or save money etc.
MAybe it would help to sit down with a financial planner and really evaluate your bills and your budget and see if there are areas you can improve what's going on, maybe eliminate high interest debt somehow or change spending habits. Call the phone, cable, etc companies and see if there's a lower plan you can be on. We just realized we were paying $20 more a month to be on the "freedom unlimited" plan, when really all we needed was "Freedom essentials", which just came out. We also switched to a free AOL account, which is another $15 a month. Small cuts like that in several areas can really add up.
|
| Posted 10/10/06 12:09 PM |
| |
|
hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
|
Re: Guys Im really depressed
I think you should be going through your budget again. My dh and I make less than half combined of what you and your dh do and we own a home (bought 10 yrs ago though and have 2 kids).
|
| Posted 10/10/06 12:39 PM |
| |
|
|
|
Re: Guys Im really depressed
I am guilty of just skimming over the responses but definitely do a written budget together with your DH and maybe you will stumble across an expense that isnt necessary.
|
| Posted 10/10/06 12:46 PM |
| |
|
june262004
But I love the Snow!
Member since 5/05 15379 total posts
Name:
Kristin
|
Re: Guys Im really depressed
We have a house my DH drives a newer car and we have other expensise. We don't make anything NEAR 160K something just isn't "adding" up
|
| Posted 10/10/06 3:35 PM |
| |
|
| Pages: 1 2 3 [4] |
