I make 250K and I am broke

[Anonymous]

Good question why wife doesn't work. She picks up kids/cooks. Also cars are both leased so can't just sell them and get out. Harder to get out of the lease. Have 17 payments on my wife's car. And than owe like another 20k.

[Anonymous]

Anonymous wrote:Good question why wife doesn't work. She picks up kids/cooks. Also cars are both leased so can't just sell them and get out. Harder to get out of the lease. Have 17 payments on my wife's car. And than owe like another 20k.

Have you gone over the totality of the finances with her?

Why would you owe more once the lease is up?

[Anonymous]

Anonymous wrote:Good question why wife doesn't work. She picks up kids/cooks. Also cars are both leased so can't just sell them and get out. Harder to get out of the lease. Have 17 payments on my wife's car. And than owe like another 20k.

Your wife needs to get off of her ass and get a job. How much does she have in retirement? Is there life insurance for both of you?

You both are crazy to put the family at financial risk for bullshit reasons.

[Anonymous]

Yes. we keep saying we need to spend yes and then we go eat out. Lease has a residual value so I can turn car in or pay remaining residual value which was like 20K or something. Assuming better thing is to pay it off. It is a 2012 German SUV...big sucker.

[Anonymous]

I have 2.3 million in life insurance on myself. She has 2600 in retirement..yes two thousand six hundred from a job she had 13 years ago. I told her cash it out and by a chanel purse. More of a headache to look at. I have 460,000...lost about 45,000 on the business as I had a loan. I opened the business to fund my lifestyle and instead I was negative in the business for a period of time and in my personal life.

[Anonymous]

OP- you don't sound like you really want to change anything, you are just complaining. Correct?

[Anonymous]

No I would like to change and I told my therapist I wanted to change and then she said pay her $180.

[Anonymous]

You are a financially irresponsible loser.

You don't want to change anything but you like to moan about your troubles. Save it.

[Anonymous]

This is hilarious. What a troll

[Anonymous]

Anonymous wrote:Just did a retirement calculator and it says I need like 7 million. My net worth is 1.2 million.

Primary Residence 166,000 equity
Two rental Properties 210,000 equity
Retirement Accounts 460,000
Kids UTMA Accounts 100,000
Gold Coins 40,000
Private Equity Investment 57,500
Life Insurance Cash Value 200,000
Cash on Hand 60,000 (after doing some house stuff and probably have another 10,000 on House)

Credit Card Debt 30,000 (Paid Down from 55,000 when sold rental property)

Eat out a lot, two expensive foreign SUVs

Mortgage 3300/mo Cars 2000/mo

3 Kids

My parent helps out and pays mortgage and with kids expenses

Mother pays vacations once a year which are extravagant and once not extravagant. I probably pay one vacation of 5K a year.

Projection says I get to like 3 mill and am short 4 Mill at 62. I am mid 40's.

Help. Is it just eating out and Cars? I am embarrassed that my parent pays mortgage and I am still negative every month. Take home 11K in two checks after putting 1 K plus in retirement. Probably negative 2-3K every month (hence credit cards). Spend probably $500 a week min eating out.

Only $5k/year for vacation?

[Anonymous]

Anonymous wrote:This is hilarious. What a troll

I think it's legit- but he's drunk and at home and bored.

[Anonymous]

This has to be one of the most ridiculous threads I've ever seen on DCUM. And that's saying a lot.

[Anonymous]

Yes I had three drinks and am at home with my wife upstairs sleeping in her $7000 bed after refusing me oral satisfaction. 100 percent real. Though completely sober. I have to work all weekend so am pissed off at myself for being in this situation.

[Anonymous]

Anonymous wrote:Yes I had three drinks and am at home with my wife upstairs sleeping in her $7000 bed after refusing me oral satisfaction. 100 percent real. Though completely sober. I have to work all weekend so am pissed off at myself for being in this situation.

3 drinks =/= sober.

Anyhow - if you want to fix this situation, you know how. Stop being angry and deflecting. Deal with it.

[Anonymous]

yes sober. I weigh 240 pounds so three drinks four hours ago at dinner and then eating at one of my $150 restaurants . So yes sober now.