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re: Finances for Newly Wed

Posted on 4/29/19 at 8:59 pm to
Posted by hiltacular
NYC
Member since Jan 2011
19688 posts
Posted on 4/29/19 at 8:59 pm to
I mean they are bringing home $250K they can afford a $2800/mo rental
Posted by TheWiz
Third World, LA
Member since Aug 2007
11685 posts
Posted on 4/29/19 at 9:09 pm to
quote:

I mean they are bringing home $250K they can afford a $2800/mo rental


They're not though. Factor in their student loan and TBD credit card debt and they're saddled with some pretty big negatives right out of the gate.

I'm just saying, that seems like a shite load for rent. Is there really nothing reasonable for $1,500-$1,800? They rent for three to four years and potentially eliminate $36k-$48k in student loan debt that much sooner.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42538 posts
Posted on 4/29/19 at 9:59 pm to
Federal taxes, state income taxes, and potentially city taxes can make that $250k go quick with all of their extra expenses.

OP -- sounds like you need to cut down on some of your big expenses. Almost $6k a month just for housing/student loans is insanity.
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