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Yep with taxes plus all that they're prob clearing 8k a month. Which still seems not paycheck to paycheck.
by edmcnulty101 4y ago
Yep with taxes plus all that they're prob clearing 8k a month.
Which still seems not paycheck to paycheck.
- tehwhale810 4y agoPaycheck to paycheck is relative. I’ve seen families bring in $500k/year and barely have any retirement savings. They go buy a home with a mortgage that’s $16k/month, a few fancy cars at $1000/mo each, childcare, maintenance on a home that expensive, and everything else that money is gone quick. They want to give the illusion of stupidly rich at the cost of spending every dime that comes in. Pretty common in every income bracket. Majority of people are terrible with money.
- HWR_14 4y ago> barely have any retirement savings. They go buy a home with a mortgage that’s $16k/month, That's a 3.X million dollar home. If you have a multimillion dollar asset like that, your retirement savings is the house.
- pkulak 4y agoHouse down the street from me sold for a 5k/month mortgage (I live in a duplex). Now pop two $1000 car payments on there and you maybe have enough left over for food and some bills.