- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 4/25/15 at 6:57 pm to stout
Taxes are my largest "bill" each month even when I have a huge lease payment, other than that I don't really have any bills that are significant...$350 for my car note and nothing else over $100. I pay my estimated taxes monthly instead of quarterly because writing those big checks makes me so fricking irate. 
ETA: Forgot about my health insurance, that is $400+ at the moment but it's the best I can get. Max out of pocket each year is $1000 and that covers everything.
ETA: Forgot about my health insurance, that is $400+ at the moment but it's the best I can get. Max out of pocket each year is $1000 and that covers everything.
This post was edited on 4/25/15 at 7:01 pm
Posted on 4/25/15 at 8:13 pm to lsu480
Due to taxes, the average private sector American is working for the government until April 24th.
Posted on 4/25/15 at 8:20 pm to TDsngumbo
quote:
The common American has zero in savings. 3-6 months emergency fund is a foriegn language to most. It's pathetic and the reason this country is where it is. Those people vote $$$ instead of thought. As long as politicians play class warfare and pit successful Americans against those like your neighbor, people like President Obama get elected.
That's not 100% of the issue. Another problem is the effect of big government on the job market and the cost of living. The median income is down about $1500 a year in real dollars since Ogump took office. The job market is bad enough that a lot of people are working below their pay grade or out of work altogether, and that has a domino effect on everyone. People get smaller raises or no raise at all since they're easier to replace than they would be in a better economy.
Obamacare is another issue. Some families literally had a second mortgage payment added to their monthly budget thanks to the increase in premiums (including a few on this board). Someone in that situation might have budgeted wisely and allowed $600 a month in savings, and that became a $200 to $300 deficit.
Posted on 4/25/15 at 8:21 pm to lsuwontonwrap
Was buying a new mattress today and heard this hot mess (big ole woman, probably Houma' east side's finest) talking to another salesman. Her situation (blared out loudly for everyone to hear):
•Recently divorced
•Mattress place only approved her for $2000
•Her mom was consigning for her loan and her mom was approved for $7000.
•"Needed" a memory foam mattress with the mechanical tilt and all that jazz
THAT is how one gets themselves into financial trouble.
•Recently divorced
•Mattress place only approved her for $2000
•Her mom was consigning for her loan and her mom was approved for $7000.
•"Needed" a memory foam mattress with the mechanical tilt and all that jazz
THAT is how one gets themselves into financial trouble.
Posted on 4/25/15 at 8:28 pm to lsuwontonwrap
Did not read thread, did someone make a joke about people thinking they can get their money for nothing?
Posted on 4/25/15 at 8:41 pm to lsu xman
quote:
eat out too much, buy more car than they can afford, more house than they can afford, too many children, too many vacations!
Just to give an alternate view-My dad's parents were great people, and I loved them, but they had seen hard times, and they were penny pinchers as a result. Never buy anything you can't pay cash for, etc. My dad didn't want to live that way, and when he got out on his own, he didn't mind spending money and going into debt, within reason. We lived in a nice house, had nice things, took vacations in the summer. At one point he had a private plane-a small one, not an OT Baller plane. And he put three kids through college at the same time.
Were we living beyond our means? Not really, but there wasn't much margin for error if something had gone wrong. OTOH, what good is arriving at retirement with a shitload of money and no great experiences to look back on with your family? Everybody has to strike their own balance and decide now much risk they're willing to assume in life.
Page 4 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News