08-28-2006, 02:46 PM
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$ Saving Jr. College Student
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Join Date: Aug 2006
Location: Wisconsin
Posts: 469
Points: 5768.80
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Re: Need advice on personal finance
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Originally Posted by Ima saver
So you really only have $600 a week to live on, that is tough for a family of 5. It is impossible to have a $30,000 plus price car, on only $600 a week. You must learn to live on $31,000 a year, not $95,000! When you get your bonus, you need to pay off as much debt as you can. What does he do to get a $35,000 bonus! Plus, that is still only $66,000 a year in earned income.
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That is all after taxes, which I am sure the bonus gets killed by the taxman. That is why I think they need to look at the income tax refund for additional income. |