If your income is in the high $500,000 how my do you charge each month on your credit cards?

[Anonymous]

We pay off our credit cards each month. I was wondering how much others charge on their cards. I know it varies but what is your average?

We spent about $9,000 a month.

[Anonymous]

Much

[Anonymous]

You spend $9k a month not including mortgage, utilities, cars, etc - that's just every day spending?

[Anonymous]

Our income is about 3x that and our CC bill is about $10,000 per month. We have a lot of travel expenses.

[Anonymous]

"Sure we make a lot of money, but we spend a lot, too." - Patrick Ewing during the 1988-89 NBA lockout

http://www.lavatickets.com/news/sports/top-10-dumbest-athlete-quotes

[Anonymous]

OP here:

We paid for our cars in cash and have no mortgage.

We travel a lot.

[Anonymous]

We spend about that - well maybe a little less if you average it out over the year. We get slammed during the holidays and travel times. Probably $5k on "light" months.

We put everything on AmEx though. Medical, etc.

[Anonymous]

We are a bit under that HHI. We spend about $5K a month and save a lot of money. And we try to charge as much as possible. I hope to retire early. Spouse prefers to work.

[Anonymous]

Anonymous wrote:You spend $9k a month not including mortgage, utilities, cars, etc - that's just every day spending?

I'm not the OP but you can put some "utilities" on credit cards. We put all telecom expenses, for instance, on a credit card every month. Car insurance too. Anything you can pay for w/a cc w/o a monthly fee, we charge. We also pay off each month, but get thousands of points/month on our credit cards for doing this.

[Anonymous]

We spend every penny we make. We're in the million dollar area of wealth. Life should be filled with excess.

[Anonymous]

Anonymous wrote:We spend every penny we make. We're in the million dollar area of wealth. Life should be filled with excess.

yawn

[Anonymous]

We make 2x that and don't use credit.

[Anonymous]

We make 10x that and use cash.

Obama is talking about income inequality. I don't see it.

[Anonymous]

duh , you put everything on the company credit card so you can deduct everything

[Anonymous]

Anonymous wrote:We make 10x that and use cash.

Obama is talking about income inequality. I don't see it.

You just made me LOL. Thank you.