- 4 years ago
- Wedding: September 2013
I am posting under my “other” username just so no one can reference any previous posts about money.
I’ve posted a few things here and there over the year about money worries/woe (or just replied in general to money-issue boards) and I am SHOCKED at what people consider “low” monthly payments, etc.
I know that this is all very geographically relevent, etc, but …. whoa……
So let me give you a run-down …..
My husband and I bought a house for $70,000 in an average neighborhood in Pennsylvania. Our mortgage payment is $580/month.
Both of our cars are paid off, but my payment was $201/month for a used compact. Husband’s was around $340/month for a new SUV.
We make about $3000 a month COMBINED. Yes, COMBINED. In all honesty, this is pretty average where I live.
We don’t have any student debt (yet – husband is in school) and my credit card debt is around $2000. His credit card debt is around $5000.
We live paycheck to paycheck and struggle sometimes. I mean, it’s not like we can’t eat, but we don’t have many luxuries.
And we’ve had to put off a few home improvement things because we couldn’t come up with the money.
I don’t really consider myself “poor.” I joke about it because I know there are people out there living in multi-million dollar homes and traveling the world and driving BMWs, but hey ……there are also people who are starving and don’t have a roof over their heads.
But when I go on these boards (and other boards) I am shocked at what people consider “extra money.” They save (or throw around) $600 – $1000 a month and consider this “extra.” This is not fathomable for me. Like I said, our mortgage is less than $600/month.
Again, I know this is geographically relevant (and lifestyle relevant), and I know I live in a VERY affordable area compared to most of the US, but ….. WOW.
WOW!!! Do you people really have savings accounts with $10K in them? Can you really put hundreds of dollars a month into a savings account? I’m happy that I save about $200/month.
I was excited last week because I had an extra $50 to buy new jeans and underwear! lol
I don’t know.