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Author Topic: Financial issues.  (Read 40522 times)

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Online 2tallbill

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Financial issues.
« Reply #50 on: July 06, 2024, 11:34:38 AM »
Guys, you all were discussing "the age difference". But none had an idea of another Mathematics - I am an accountant and I got used to operate with digits. Well....Let's guess the situation:

"Let us consider the average working man married to a woman who does not work (I mean, the first year you are married Russian woman and she is having her adaptational period) trying to live the average life:

Monthly income $3,333 ($40,000 per year)
Monthly expenses $2,886  ($221 for social security taxes, $255 for federal income taxes, $67 for state income taxes, $500 for hospitalization insurance, $1,168 for the mortgage note on his home, $350 for the note on his automobile, $100 for his automobile insurance, $50 for homeowners insurance, $125 for electricity, $50 for basic telephone services, $50 for cable television.)

This leaves $397 for food, gasoline, clothing, medical expenses, etc.  The cost of food is about $120 per month per person, and the cost of gasoline for a 20 minute commute to work is about $80 per month. So a family of two people would have only $77 remaining each month, which is not enough. (Even with insurance, one visit to a doctor could cost this much after buying some medicine.) This also assumes that he has no credit debt and no life insurance.  The result is that on this income the family must give up some things that the average family would have:  choose a smaller house, 15% elect not to have health insurance, some drive only old cars, etc.

Waiting for your comments, guys.

This man with these expenses has no business getting married. He needs to build himself up, Develop himself
professionally until he can make significantly more income. Only then should he go out seeking someone for
marriage.
« Last Edit: July 06, 2024, 11:37:15 AM by 2tallbill »
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