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re: Tired Of Pinching Pennies!!
Posted on 8/30/23 at 11:46 am to BayouBengal23
Posted on 8/30/23 at 11:46 am to BayouBengal23
So no kids. You and your wife make a combined $100k. You live in Baton Rouge? You have a rental that nets $700/mo. Only debt is a $10k car note.
It sounds like you are pinching pennies because you are living above your means. You aren’t giving the full story.
It sounds like you are pinching pennies because you are living above your means. You aren’t giving the full story.
This post was edited on 8/30/23 at 11:47 am
2
Posted on 8/30/23 at 11:54 am to Artificial Intel
quote:
So no kids. You and your wife make a combined $100k. You live in Baton Rouge? You have a rental that nets $700/mo. Only debt is a $10k car note.
It sounds like you are pinching pennies because you are living above your means. You aren’t giving the full story.
1. We have one baby thats in daycare right now but would love to have more kids and homeschool them.
2. The rental income does not get touched. We bought a larger house thats about 30% of our net income so used our own cash for that
3. We do not have anything above our means honestly. Money just does not stretch that far after putting money away in savings and giving to our church (non negotiable priority for us)
Posted on 8/30/23 at 12:02 pm to Artificial Intel
the story is pretty clear... has two houses and multiple kids on $100k makes for tight living. rental income goes to savings instead of current expenses that it appears he got in deeper than actual comfort level.
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