top | item 46112633

(no title)

JoeOfTexas | 3 months ago

Internet + Natural Gas + Light + Water + Home Insurance + Auto Insurance + Property Tax + Phone + Home Security + Car Gas + Credit Cards

A $350k mortgage with bills, is expensive. Will eat up a whole check if you don't make more than $140k/year.

discuss

order

michaelt|3 months ago

[1] tells me a $350k mortgage with a 10% deposit, paid off over 15 years, costs $2,585 per month. That's $31k a year.

That kind of income with that kind of house price should be pretty comfortable, given you don't mention supporting a family. If your non-housing bills are costing $109k a year, there's a good chance you could reign in your lifestyle choices.

[1] https://www.bankofamerica.com/mortgage/mortgage-rates/

xhkkffbf|3 months ago

When many people talk about a salary of $140k, they're using pre-tax numbers. $140k can easily shrink to $90k, $80k or even $70k after tax.

charlie0|3 months ago

Credit cards aren't a fixed cost. Spend less.

tenacious_tuna|3 months ago

What a helpful take in a CoL crisis.

darth_avocado|3 months ago

Brother lately I’ve only been putting groceries on credit cards and you’re right, they’re not a fixed cost. They’re a variable cost that just keeps going up.

browningstreet|3 months ago

The addition of credit cards to that line does little to spoil the point they were making.

motbus3|3 months ago

You'll own nothing. And you will be happy (using pills and medicines)

They were quite serious about destroying society as-is. Nobody took them serious

klipklop|3 months ago

You are getting down voted, but it's true. They (WEF-types during their meetings you can watch on youtube) telegraphed it during/soon after the entire Covid lock downs that they intended to make large structural changes to society and the concept of ownership. They didn't make this secret or anything. Heck some sold books on the subject.

Most of what the WEF discusses is how to gain more technocratic control over democracy. You know, for the benefit of everyone...

Etheryte|3 months ago

Who is "they" in this context?