We’ll ignore the “man” in this equation. If you feel comfortable, can you post your income and your bills? You say you make more than enough, so let’s see where your money is going. Do you have a WRITTEN budget(before the month begins) of what will be paid that month? If not, go ahead and do one for May.
We follow what we call a ZBB, or Zero-based budget”. Put your income at the top of the page. Underneath that, subtract all the stuff you need to pay. Your income minus your expenses should equal zero.
car payment 300
car ins. 100
student loan 200
credit card 100
Income(2000) minus expenses(2000) equals zero. Your numbers will be different – this is just numbers thrown together quickly. So, time to do yours!
We need more than marriage counseling and I realize that. I am just trying to figure out how to pay down MY debt. Hes a gambler. Thats where all his money goes. We also have 6 kids of which 5 are at home. So I am trying to work a plan but can not seem to get ahead even without his income, I make over more than enough to suppurt the kids and myself.
Instead I’ll ask, if you’re paying all the bills what does he do with HIS money? I hate to say it, but it’s going to be damn near impossible for you guys to prosper working against each other. Have you gone to marriage counseling? Because you desperately NEED it…
Hey all, I have been trying to work the plan for year and am in the same situation as I was before. Here is the issue… how can i work the plan when my spouse in not on board. I am at a loss and just not sure what to do from here. I make too much money to be so stressed out and not have bills paid. We have seperate accounts but he doesn’t provide what I need to cover the bills because I make enough on my own to cover everything but not take care of old bills. I tried to have his money direct deposited into my account to pay bills but he says it doesn’t make him a man to have his women controlling his money and he cut it off. So tired of being frustrated and tears for too long.
Can anyone point me to a decent place to rent a tux online ? Our local places are high. Gotta love small town living. LOL My son got invited last minute and now I am working the prom budget.
I appreciate the question about the driving shed, because it brings up something I have been wondering for quite some time.
When is something necessary versus a want?
I know it’s different for every person, and maybe it’s because I have been decluttering. Examples in my life (for which I don’t have answers yet):
Still haven’t fixed the door my DDnow17 broke. Probably about $150
I have several large items which need to be hauled away which no one wants (piano which needs significant restoration, bed frames, various broken or intact stools, shower door). I get charged for haul away, about $150.
Dishwasher stopped working. I tried fixing it myself. Nope. So if I’m lucky, I’ll get it fixed for less than $200, otherwise I will have to replace it to the tune of about $400.
Car repairs, most of them fairly major and safety issues. I was able to break them down in to groups of 3, and in order of safety, but they’re going to run about $800 each.
After 10 months of financial drought, we still don’t have a good emotional grip on our spending. We brought in about $800 extra this month + $65 for essay writer and blew it (feels like) on things we have been putting off for months. And our laptop was stolen, so that had to be replaced. And we ate out, three times, for the first time in like a year. I guess I can take the viewpoint that just like rain falling on arrid, parched earth, water isn’t going to immediately sink in, there’s going to be run off as the earth can’t absorb it.
But I digress. The point is: I’m tired of living in what feels like squallor due to all the stuff which is in disrepair. But I really hate living in debt too, and I really liked the feeling of paying two bills off entirely last month (another is set to pay off this Friday.)
I liked the statement someone made about the driving shed: is the cost of doing nothing going to result in a higher catastrophic cost versus spending the money now? That’s kind of where I’m at with the car. The rest is just me being tired of living in garbage.
I got a copy and it is REALLY good. I love how it shows Dave’s side and Rachel’s side. It makes easier to tell my kids no. LOL Anyone else read it yet?
planned a Men’s Conference on Mother’s Day weekend! Can you believe it? LOL It’s all about the men, even on Mother’s Day weekend? They are actually meeting on Friday evening and Saturday till noonish, I think. That leaves Saturday afternoon/evening and Sunday. A lot of times we go out to eat but not usually on THE day, restaurants are too crowded and it seems those that do something special only take reservations and/or want to bump the prices up for a dish that’s already on their menu. Anyway, to avoid the crowds we’ll do something later in the week. I’ll call my grandma on Mother’s Day to wish her a happy day. Both our moms are deceased so there is no big get together planned.
The student loans are mine $78k.
The loan is a advance from my job that was used to buy our minivan outright after our last year broke to beyond repairable. This was for 5000.00 and will be done in August. I pay 250 a pay.
We are under a contract with the phones until Sept. .. should I just drop it?
Cable and internet along with landline will be revaulated and adjusted tonight.
Our electric and water, I have tried to get down… its a struggle.
We use coupons and I am pretty good at shopping as I am providing for 7 people.
I think I covered anything.
Car Ins. 177.00
Cell phone 230.00 (3 phones)
student loan 267.00
Judgement 200.00 ( this has to be paid monthly or they will garnish my wages)
Cable/internet/ Landline $260.00
Wow, after breaking it all out, its barely enough. With students loans (75K) and other Old debt adds up to about 100,000.00 I use no credit cards.
When we started the TMMO 5 years ago dh had not purchased any new clothes in at least 2 years prior to that. Then unemployment for 18 months and being gazelle intense for 5 years hit and well let’s just say his summer wardrobe was pretty bad.
Today we went shopping for warm weather clothing for him. He was like a kid in a candy shop, never before has he been enthusiastic about clothes shopping (neither of us are big on it generally). We didn’t go hog wild a new shirt for work, 7 new good quality colored t shirts, socks, underwear and a couple of pairs of shorts (we bought him 2 pairs of new shoes last month). We’ll purchase a few more things on amazon.com tomorrow for work and home because his size is sometimes a bit hard to find.
When we finished the shopping and were headed over to do our monthly big shopping at Sam’s Club he was grinning ear to ear. I said “it’s a good feeling isn’t it?”
“What?” he replied
“Going in and buying a new summer wardrobe with cash and KNOWING it belongs to you…”
“…and not the bank, yes it is wonderful.” He finished my sentence and added his remark.
From there we did cash purchases at 3 other places and came in below budget. It was truly a wonderful feeling.
I got the kids discount glasses online from a site mentioned on here. I found a great online tux shop and saved $70 on son’s tux. The suburban decided to get a hole in the radiator. We ordered a new with gift cards earned on swag bucks. Thank you Amazon. LOL It is now time to replace the suburban. It is costing more and more in repairs. So,we started the new to us car search for two vehicles. One car is to replace the suburban for hubby . If we sell the suburban we should get a small car for about the sale price of it. The second is for me to drive. We have shared a car for 5 years ! We have been saving to buy a smaller suv and hopefully should have the money by September for one for me to drive. I also found presents for our next kids birthday at kohls 60% off. I am proud ! I actually got something done in the last week. LOL
His car got hit in the parking lot where she works as she was getting ready to begin her evening shift. Basically, the other driver backed out of the space and didn’t/couldn’t see out of her back window of the SUV and bumped into my kid. FL is a no fault state, so the insurance co can duke it out. She picked up her car this am and not quite fixed, so back to the shop it went. My am today has been eaten up with taking dealing with this situation and taking her to work. She’s already found a ride back to the dealership between shifts.
The pool is still not clean…I’m tired of the rain that comes and dumps pollen, leaves and sticks into it. Will work on that this week since I am not going to the TPC golf tournament this year–no obligations, so giving away tickets to people who like that sort of thing.
going to pay the bills. My allergist discounted my bill, so I’m happy to pay whatever she charges. The dentist also made sure everyone got whatever work we needed before the insurance got dropped and will discount us a little on services–20 years with the guy, so wanted to stay with him.
On the bright side, the business is doing ok. We have some students and we will do a grand opening at the end of the month. We have invited the other schools in the federation to join us, so this should be fun. I think my kids are looking forward to breaking something and there will be a seminar on that–guess I need to purchase some wood boards and dowels and some concrete blocks.
for the ‘new to us’ vehicle and SUV ($125 main vehicle, $100 on DH’s work), the kids and I decided to pool our resources and we are getting a moped this Friday. It’s a bit of a hard hit ($800), but we just can’t keep spending $225 or more a week on gas getting the kids to and from work (mostly) and to and from school. Especially since starting this Friday we have money coming out for medical insurance.
We are living in gratitude, as the gas money came out of odd job payments from baseball umpiring and babysitting, so we’re not “out” money per se. I try not to look at the $900 not going to getting out of debt (it would pay for 2 credit cards.) Oh well. It will pay off in the long run, especially with two of them working more or less full time when school gets out.
So the homework is, we redid our budget to accommodate the purchase of another vehicle and have adjusted our payoff schedule for CCs. I’m also putting up a new babysitting ad for summer care in my home today. I have a feeling that my tutoring gig is going to end in a month and the girl I take to and from school is moving, so there goes my extra income !
Or what does he spend his money on? How does he contribute to household expenses?
Dave would say that you two have a marital problem first before a money problem and to work on first things first, the marriage.