tag:blogger.com,1999:blog-14245531.post8995733941830959374..comments2023-11-18T01:21:55.631-05:00Comments on My Open Wallet: Friends Without MoneyMadame Xhttp://www.blogger.com/profile/11536189690094235926noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-14245531.post-71764442137725372002007-03-01T19:01:00.000-05:002007-03-01T19:01:00.000-05:00Probably in part because the housing expenses are ...Probably in part because the housing expenses are tax ded, and the 401K contrib is also pre-tax. <BR/><BR/>Also, maybe they have a roomate/significant other sharing the housing costs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-63036304664832057342007-03-01T10:43:00.000-05:002007-03-01T10:43:00.000-05:00To anonymous who makes 55,000 a year: How is it po...To anonymous who makes 55,000 a year: <BR/><BR/>How is it possible to spend almost $35K a year a as you say on your home payments and 401K when making $55K a year before taxes? Would you have anything left after paying income taxes?<BR/><BR/>It doesn't seem to add up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-15207993474536834192007-02-28T14:06:00.000-05:002007-02-28T14:06:00.000-05:00Money talk is the last taboo (okay maybe not THE l...Money talk is the last taboo (okay maybe not THE last).<BR/><BR/>There are only about 2-3 people (other than wife, accountant, lawyer, fin'l planner) who I've ever told how much I make:<BR/><BR/>I would share that info with family, but it would create too many issues, since I am by many orders of magnitude the most prolific earner. After years of secrecy, they know it is classified info.<BR/><BR/>Re lending to a friend, I've only done it once, and think it's a guarantied way to screw up friendships.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-12582364960363938932007-02-28T00:59:00.000-05:002007-02-28T00:59:00.000-05:00I don't get it..I make $55,000 a year. I pay $1,2...I don't get it..I make $55,000 a year. I pay $1,285/month mortgage plus association fee of $225/month and another $350/month for property tax. I defer 22% of annual my income into a 401K plan. I also save $500 every month into an online savings account. <BR/>I do freelance work a little bit but that's only maybe..at the most $2,000 per year earned. <BR/>Oh, I donate every month $30 as well to a charity.<BR/>I do feel the pinch..but not that much that my friends (all of them earn more than $100,000/year) can't discuss with/to m about their financial life/stresses/achievements. I appreciate the fact that my friends, like me, have money problems as well as goals.<BR/><BR/> I even hang out with them once every couple of months or so at their expensive gatherings...last one being the $125/head new year's eve party.<BR/>I wish I earn $65,000 like your friend!!! I do hope all the best for him.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-3153077325506862152007-02-26T20:52:00.000-05:002007-02-26T20:52:00.000-05:00Escape from Brooklyn-- thanks for posting those li...Escape from Brooklyn-- thanks for posting those listings. He definitely is starting to consider further-out neighborhoods-- he doesn't have much choice.Madame Xhttps://www.blogger.com/profile/11536189690094235926noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-91159904849619751672007-02-26T16:04:00.000-05:002007-02-26T16:04:00.000-05:00Looks like one of my friends is going to get canne...Looks like one of my friends is going to get canned in 90 days if he doesn't "shape up". (I put it in quotes because it looks like a purposeful hatchet job, not because he does nothing.) Anyhow, I worry that he doesn't have the emotional resiliency to deal with the blow, let alone the finances. (Luckily he has a sickly cheap mortgage and lives with a family member.)<BR/><BR/>You just can't predict what's going to happen. Reminds me that I can't slack off adding money to my emergency fund. I hope your friend can find a place he likes and can afford.mapgirlhttps://www.blogger.com/profile/06141234159609900257noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-47162139973476581252007-02-26T11:11:00.000-05:002007-02-26T11:11:00.000-05:00This is so sad! Getting by is already so hard in ...This is so sad! Getting by is already so hard in NYC, given the extreme cost of living and constant pressure to get ahead. But then having health issues and a layoff on top of it all totally sucks. <BR/><BR/>Would Mortimer consider cheaper neighborhoods? $1,200/month is tough to swing on his income. If he's open to living further in in Brooklyn, I'd recommend Ditmas Park or Kensington. Here are some listings that I just noticed on craigslist:<BR/><BR/>http://newyork.craigslist.org/brk/fee/283175255.html<BR/><BR/>http://newyork.craigslist.org/brk/fee/284236843.html<BR/><BR/>http://newyork.craigslist.org/brk/fee/283895622.html<BR/><BR/>http://newyork.craigslist.org/brk/fee/283593892.htmlEscape Brooklynhttps://www.blogger.com/profile/02619558338660997233noreply@blogger.com