Saturday, August 29, 2009

Mortgage expenses are only a sliver of my budget

My part of the mortgage is only $300.00. Every two weeks when I get paid I automatically have $160.00 transferred to our mortgage joint account, my love puts his 300 in and we put part of the tenants rent money in, its simple, and I don't have to worry about the mortgage being paid. On the 16th of the month the mortgage company takes the whole mortgage payment out. Simple and Easy!!! The other household bills that I am responsible for are the Gas Bill ( set up a monthly budget plan of $160.00) and the water and sewer bill which averages $55.00 a month.

My frigging car note and insurance plus gas is just about the same amount per month as my mortgage and other home expenses. Once I pay this joker off I probably will never take out another car loan unless I'm making $100,000 a year, which hopefully will be in the next five years. If my car dies, I will go to an auction and buy myself another one for cash!

until next time, think prosperous thoughts

YBP

2 comments:

FB @ FabulouslyBroke.com said...

I'm glad I started off purchasing a car for cash and not with a loan like most of my friends ;)

I guess getting your driver's license late in life can be useful.. I'm not as stupid as I was at 19!

Doctors by night said...

hi from italy