Monthly Bills Vs. Monthly Income
Alright im looking to get a newer car..... doing some figuring i found that 75%-80% of my income is spent DIRECTLY on bills. Thats not including gas, cigs., etc. Its bad when daycare cost more then your house payment.......
What bill to income ratio does everyone else have? Just wondering.
What bill to income ratio does everyone else have? Just wondering.
Im salary so i get the same every month, get paid Bi-weekly. So its the same every month. Unless its one of those months that we get paid 3 times. 
My bills is: house payment, power, house phone, cell phone, direct tv, internet, groceries, daycare, furniture payment.....

My bills is: house payment, power, house phone, cell phone, direct tv, internet, groceries, daycare, furniture payment.....
About 62% of my monthly. Thats excluding my flexible spendings like gas, food, etc...
without my car it would be 49% of my income. Sometimes I regret doubling my projected spending on my car... :sad:
without my car it would be 49% of my income. Sometimes I regret doubling my projected spending on my car... :sad:
Originally Posted by pierced1
Im salary so i get the same every month, get paid Bi-weekly. So its the same every month. Unless its one of those months that we get paid 3 times. 
My bills is: house payment, power, house phone, cell phone, direct tv, internet, groceries, daycare, furniture payment.....

My bills is: house payment, power, house phone, cell phone, direct tv, internet, groceries, daycare, furniture payment.....
if i add groceries...about 44%
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