re: Monthly income vs expenditures

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We ate at Olive Garden yesterday (3 people) + tip $72.00

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Pregaming before a MFF?

amirite?

Slow down there Romeo and leave some trim for the rest of us.

We have about three times as much monthly income as we have expenses including maxed out retirement savings as an expense. Most of it just stays in the bank.

We are currently building our retirement home out of pocket so most of the extra is going toward that. When we are done we will own a house worth about $450K with about $170K out of pocket and other than being tired from the work it will be mortgage free. Should be done in February 2026. Doing it all ourselves, no contractors involved other than clearing and septic tank. No engineers or architects either.

We have a lot of income and very few expenses....stems from having grown up living paycheck to paycheck and having done it for years ourselves when we were younger. We save enough to cover emergencies and to retire comfortably but we spend an enormous amount of money doing shite now, when we are young enough to do so, because life is uncertain. It is a luxury of having the income to do so but I can't imagine not going bill fishing when I wanted to because I wanted to invest more in retirement savings. To what end? So I can go bill fishing in the future? That is insane.

Again, it would not be possible if we did not have the income but we live pretty good, do about anything we want and, barring a medical issue when we retire there is not going to be a helluva lot left that we want to do....because we have already done it. If we lost every cent of our income right now we would survive because both of us grew up eating pinto beans and cornbread. We wouldn't spend $1500 on a 3 day camping trip in a motorhome that we owe nothing on but we would still be able to spend $250 on that trip and have just as much fun. We quit living to work and started working to live many many years ago,,,,we have been blessed and wouldn't change a thing about it.

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Around $1000 a month to mainly just put it into savings

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Goodness man, at least keep it in a high yield savings account.

I filed in court five months ago to fix things, but still waiting on her response.

Back to budgeting, married dudes should probably start hiding $50 every two weeks into a non joint account, to hire the lawyer with when it comes divorce time. By the time it gets to that point, it’s likely your credit cards will be maxed or close to it, and you won’t be able to cash flow the divorce.

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We have about three times as much monthly income as we have expenses including maxed out retirement savings as an expense. Most of it just stays in the bank. We are currently building our retirement home out of pocket so most of the extra is going toward that. When we are done we will own a house worth about $450K with about $170K out of pocket and other than being tired from the work it will be mortgage free. Should be done in February 2026. Doing it all ourselves, no contractors involved other than clearing and septic tank. No engineers or architects either.

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Are you going to pour the slab and roof it by yourself?

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Jesus how are you burning 20k? Multiple mortgage?

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Mortgage is not even 20% of that. I have 6 teenagers and my wife likes collecting livestock for her "hobby farm".

I've got several side hustles, so usually a decent amount. If I only worked my full time job, would be pinching pennies.

But I factor in $300 to my brokerage account and $100 to my kid's account every check as part of "Bills"

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Are you going to pour the slab and roof it by yourself?

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Its going to be on a crawlspace but we are doing that ourselves. CMUs. And steel roof which we are also going to do ourselves. Id have done the clearing myself but it is a very small lot in a tight spot with 75 year old SYPs and another house 20 feet on one side and a very nice timber frame boat/RV cover the same distance on the other side. Cutting trees required a crane and climbing so that was too much. Would have also done the septic tank myself, state was fine with it but the county, who really doesn't have a say other than approving actual building plans, was not happy about us doing the septic tank ourselves. Plus got it in doe $3300 so it was about what materials would have cost me.

My wife makes sure that we spend every last dime.