Income = Cost of living?

[BTLowry]

I don't know what everyone makes but it sure seems like there are a lot more 500k-1mm+ houses in many towns than jobs in said town making the $$ to pay for one...

X2

[12RingKing]

I like the Dave Ramsey approach of budgeting well, emergency savings, & paying down debt. His motto is live like no one else today so you can live like no one else tomorrow

I've been getting his brainwashing here lately. He's a good Christian common sense approach.

His investing advice leaves a little to be desired, but all in all he's pretty sound.

The key takeaway I get is, saving is the most important part. 100% of the millionaires at retirement saved!

[miket]

My income has been declining for several years. Last year was the worst. Most irritating part is that I should be in my peak earning years now. My only hope is my side business, thank God things have picked up the last couple of months. May be self employed here pretty quick. Of course that means I could be REALLY broke.....

I am pretty frugal but have 4 kids, I probably spend too much money on hunting but other than work and family, its the only thing I do.

[tim21877]

I like the Dave Ramsey approach of budgeting well, emergency savings, & paying down debt. His motto is live like no one else today so you can live like no one else tomorrow

This....I worked oil and gas for a decade and went through two layoffs in a year, it was the best thing that ever happened to me because it made me focus on living on a budget and being more frugal. Its a tough change for a spender but its worth it

[dustoffer]

The question I seem to be asking myself lately isn't can I afford to buy this, it's why the hell does this cost so much.

And, this my GS brothers, is why I don't/won't buy the newest and greatest and outrageosly expensive bows, sights, broadheads, leases, etc. I'm retired and my military pay, VA, SS plus my wife's SS allow us to buy/do just about what we please. But--I won't waste our dollars. i am also incredibly blessed to have a friend who lets me hunt on his place, and two other friends who have asked me to do feral hog control on their places, eliminating that big lease fee.

[Lungbustr]

The housing market is nuts. I dont see how it's sustainable given the average wage.

People around here just live beyond their means. It's incredible how much debt they take on to keep up with the Joneses.

I can't do it, wouldn't be able to sleep at night. I can't stand not having plenty of extra cash. The only thing I owe on is my home and working on that being paid off in the next few years.

[MBV77]

I don't know what everyone makes but it sure seems like there are a lot more 500k-1mm+ houses in many towns than jobs in said town making the $$ to pay for one...

We were driving around today and talking about this exact thing. You look at the houses in a lot of the newer subdivisions and wonder how there our enough people in our area to afford them. They're not giant houses, but 3-500K homes. The average household income in America just doesn't seem to support it.


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