Our household income is $250k a year.
I’m 32. Husband is 38.
We have car loans of $65k between two vehicles with no other debts.
We have about $1000 left each month after savings (ours and kids college), 401k, and all other expenses.
Would Dave Ramsey suggest we sell our cars?
I was looking on Mint.com. I love that site by the way!! And I looked at our spending and income for January-April of this year. The totals are(and this is depressing):
It doesn't make any sense for me to look at it monthly because we are a self employed...
Just had our taxes done today. Results:
1. Took a loss on investments this year.
2. Really high medical and health insurance deductions.
3. Able to be generous with charities.
4. Lower income due to retirement
5. Got a larger refund than we anticipated.
6. Refund is going into a vacation...
We are told we will get just over $1000.00 back on our income tax return & $1000.00 is going into our savings account. We will then have $2000.00!! I have a friend who spent hers on bills and then used the rest for blow money and that friend seems confused as to why I am willing to just pretend...
The goods news is the my DH still has work. The bad news is that his income has been cut 30% until March. He works for a start up and they lost an investor.
He is currently working out of state. And flew home twice a month to visit. Until things settled over there. No point in selling...
This is anonymous - just trying to gather some basic demographics.
By "How are you doing?" - the primary "WE'RE DOING WELL" answer here means you are either out of debt or are at least paying down your debt and not taking on any new debt.
If you are living beyond your means, you are not doing...
I'm 24 and getting married this month and also plan on attending night classes 2 nights a week, in addition to working my day job 8-5.
I've also been cutting grass on the weekends for last several years now and it's been great supplemental income. However between my upcoming marriage, going...
Great forum. Looking forward to learning a lot and hear some success stories.
I want to do the DR program but am looking for pointers on how to tackle it. I work full time year round and my wife is an adjunct professor who brings home income Sept-May. The summer months are difficult...
I never knew this. I read this in the newspaper today and thought it as very interesting. I wonder if it's even worth it to try and get debt settled? We're not looking to get any of our debts canceled but figured other people who are thinking of it may not know this.
Susan Tompor: Canceled...
I'm thinking about buying property to rent out - what do I need to think about, read, know?
I've looked at tax implications, but don't know where to look to find out about whatever else I would need to know (or don't know what else I need to know and therefore can not search for it).