Money How broke are you?

R8RFAN · 03-18-2011, 12:15 PM

Quote:

Originally Posted by Pants

I don't even know what you mean by broke. Do I have debt, yes? Is it credit card debt? No. Do I have savings? Yes. Do I live paycheck to paycheck? No.

Just because I make payments every month, doesn't mean I'm broke, but I can understand how a simpleton like you might not understand that.

Do me a debt to income ratio then, if you added up every bill you have, how much of a % of your NET pay does this equate to?

Pants · 03-18-2011, 12:18 PM

Quote:

Originally Posted by R8ers

Do me a debt to income ratio then, if you added up every bill you have, how much of a % of your NET pay does this equate to?

It's different every month, depending on how much I spend using my credit card. But I make enough to pay all my bills and still have enough left over to put in savings. Eventually those savings will be invested. I'm 25, so hopefully I still have some time.

R8RFAN · 03-18-2011, 12:21 PM

Quote:

Originally Posted by Pants

It's different every month, depending on how much I spend using my credit card. But I make enough to pay all my bills and still have enough left over to put in savings. Eventually those savings will be invested. I'm 25, so hopefully I still have some time.

You got a HELLUVA lot of time, the choices you make NOW will determine if you are rich or poor in 20 yrs.....

Now tell me "I know" like my daughter does