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Relationship Discussion (non-explicit)
Reply to "Wife and I don't see eye-to-eye on money"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Yes, we went through $15,000 in 30 days. Just to explain a few of the items: 1. Mortgage was $3500 2. One car payment of $350 (other car is paid off) 3. Insurance $1000 4. Food was probably $500-600 5. Bills, etc.[/quote] You make $12K a month and your car is not paid off??? Are you kidding me? With this kind of income you can pay off your mortgage in no time. You seriously need some Dave Ramsey boot camp.[/quote] Not OP, but we have $500k+ HHI and have about $40k in car loans. We also have plenty of cash to pay them off in full. However, one is at 0%, and the other is at 0.9%. Financing from the automaker. It's cheaper to take that cash, put it in the bank and earn 1% interest than to pay off those loans right away. [/quote]
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