Slashdot Mirror
A Breakdown of Your Monthly Budget?
"The purchase price of your home, car, or any other property would be relevant if you were to include an indication to where you were geographically, and how you felt it was in relation to the rest of the region. If you were to include the type of work you do I would group those accordingly. If you are part of a two (or more) income residence, handle that however you wish but make a note of it so I can better tweak the dataset.
With a decent dataset made available I would be willing to do some statistical analysis and make the charts / compiled data available for download.
If you are not already doing a breakdown along these lines it may be an eye opener for your own use (but share it here to help make the dataset larger, more accurate.)"
Dude, cut back on the ciggies and get a handle on those Credit cards. A good not-for-profit debt councillor should be able to take that $200/mo and make *real* inroads into your balances, not just paying the minimums.
Not too hard when you gross around $100,000 a year.
$100K a year? Try more like $120K. I make $100K, and I only bring home about $5700/mo.
My advice, Save every fucking penny.
I'm single and work fulltime and have a ton of useless money left over after each month....what do I do with it...I put some in RRSP
because I know eventually I will need it.
like the end of next month for instance when I quit my job.
It Pays to think ahead
--meh--
Everyone is missing the big picture here...
Taxes are higher than ever before. The amount stated above, $5,700 * 12 months = $68,400.00. What happened here? I thought he said he made $100K?!? Where is the other $31,600?
And that is before real estate taxes, sales taxes, car tag taxes, telephone taxes, and the list goes on...
After all of these taxes are paid you will be lucky to still have $45k left (approx %65 of the remaining $68k).
Where is the outrage in the streets?
Go back to sleep everyone...
Who is John Galt?
Phredd - "I have found people tend to take you far less seriously once you start waving your genitals at them..."
This is the most revealing thread of comments that I have ever read on slashdot. The guy making $1000 a month says that the guy making $2200 a month makes and spends too much. The guy making $2200 a month says that the guy making $5700 a month makes too much money and spends too much, and they all agree the guy making $8000 a month is certainly making too much.
I also wadger that as you go down the chain, the guy at the bottom is most liberal, feeling that since all the people above him are living lives of luxury, they should pay more taxes and give away their money to that guy at the bottom. This is too classic.
Yea. You go! Fight the system! W00t!
For those of you with a few extra braincells and less interest in the Black UN Helicoptors and government mind control lasers crowd, you might be interested in noting that paying Rent is exactly the same as paying a mortgage... except someone else is getting the equity. And the tax break.
See, here's how the game works. I, filthy capitalist pig, am part of the scum that has "Old Money". I invest "Old Money" into a dirt-cheap cinderblock POS that I like to call "Arbor Palms, a Beautiful (gated) community." Then, I go find college students and lower-class people and entice them to come in and pay me to live there. The final result is: I turn a profit while at the same time writing off a portion of the loan repayment.
In order to maintain my positive cash flow, I then propagate the myth that low-interest debt like mortgages are Bad and a Tool of The Man on popular webboards. Now all these "smart" people see that "equity" is nothing but imaginary numbers, and spend the equivilant amount of cash on an apartment. Because, apartments become free if you lose your job, right? There's no late-payment penalties or evictions put on your credit report. Not like a house at all!
Hint, folks: Yes, it's expensive to move houses. It's also expensive to move apartments. Security deposits, pet deposits, utility disconnect/hookup plus the cost of moving all your stuff. With a house you do actually come out slightly ahead after a number of years, even AFTER paying comission on selling it.
The folks I bought the house from had two mortgages on it, owned for 13 years, and still exited with enough free cash to put in a pool on their new place. But, that didn't really happen because photon317 says that they lost all that in interest payments. Because, remember, his apartment is free!
dumbass.
I'm way to lazy to keep track of checks I write, yet I haven't payed an overdraft fee in years. How do I do it? I *never* write checks. Ever. If something requires a check I either have my bank send them one using the on-line bill payment system (99% of the time) or I go to the post office and buy a money order with my debit card (1% of the time). That way my ATM balance *is* my balance, and I never have to keep track of anything manually. My monthly banking consists of snapping my statement (with scans of cleared, bank mailed, checks printed on them) into a three ring binder for safe keeping.
it's not like you're married to the damn house. if you lose your job... you can um... SELL your house, perhaps? And live off the profit to boot? Why do you continue to make up excuses for not owning a home??