If your income has been cut in half (sm)
Posted By: Happycat on 2009-05-19
In Reply to: Severe Financial Problems? - goldy
I have to ask - what are you spending the money on? Rent is the first thing you should pay, then food, and then transportation. If you are worried about paying credit cards first, or some other debt, you are cutting your own throat.
I would advise you to do some looking at Dave Ramsey. He has several excellent books, available usually from the local library.
Also, as for the husband, sit down with him and talk to him - I don't know if you have done this or not, but his playing the video games may be a way for him to escape. If he has always been responsible in the past, then his irresponsibility now is probably a defense mechanism.
You both need to step back and take the emotion out of it. If you are not able to do that, the situation is not going to improve. You both have to show commitment to making the relationship work, even on so little money.
If you have a pastor or some sort of mentor/advisor, that might be a good place to start, once you have talked to your husband. A neutral party who can look at the situation from all sides can help.
Good luck, from someone in similar shoes.
HC
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i was told mine is half jack russell half border collie
AND HE SURE LIVES UP TO THAT HYPERACTIVITY!!!
Really, I give my cat milk and half and half
well over 14. Stray cats will eat/drink anything they can get ahold of to survive. Not sure why we shouldn't give cats milk.
As long as you have an income
As long as you have an income you file. Over 70 is for social security where you can earn as much as you want and still collect your full SS. Boy is that was true all of the rich would be lying about their ages so that they did not have to pay taxes.
Too much house for you on your income...
especially with a new baby and all that requires...take into consideration if you have car payments, credit card payments, student loans, plus utilities, etc. Talk to a mortgage lender, what is your mortgage rate going to be, how much can you put down on the house, see what the lender says. Don't get in over your head...some people want it all right away, instant gratification. Take your time. Good luck
probably since any income is taxable
income for the year it is received. That is why you get a statement of earnings for it.
It is possible to increase your income
Pay off the house! Congratulations!:-)
Is it possible to increase you income temporarily to put towards the cc debt? Can your dh work side jobs or a second job?
After you pay off the house, I would start pay off the cc from the smallest balance first.
200
2K
4K
10K
I would not withdraw from retirement but stop paying it right now. After you pay off the house, put all your money into paying off the cc debt.
For the 4K and 10K I would write them a letter and try to get a lower APR.
if we get to their 75,000 annual income qualification
then they can qualify us for that. 
How do you manage at income tax time?
Do you file separate returns?
Would you also want your income taxed at the 40% rate?
At one time England did that. The friends we had in Cananda said they were taxed to death on their income, but they were pretty pleased with their healthcare. There is no easy solution.
That puts me in the low income bracket. . . SM
Wonder why I don't quality for any help if that is the case. I have no medical insurance and was just at the ER and it cost me $1800 (so far as lab work not returned yet) to wait for 5 1/2 hours altogether and get a port and three meds administered with a CT scan of head. They charged me $396.00 for the attending on duty to talk to me 15 seconds after the resident saw me. A nurse told me in the ER that they would trim some of the cost for me, but when I called the hospital they said I did not quality. A working person falls between the cracks. Makes me angry they could not help me at all.
If he's elderly and low income, he needs to check sm
with senior services to see if he qualifies for some type of medical assistance aid.
Amen! We are just at a six-figure income..
but you would never know it by our lifestyle. We don't need to impress anyone or put ourselves in debt for material things that depreciate the minute you walk out of store with it or drive it off the lot. Americans need to SAVE money, a concept that has been long lost through the generations.
PS! One more - check to see if you qualify for low-income
It depends on your income range sm
I just got my taxes back and I had IC and employee income on there totally $38K. I worried. End result? $298 more to pay in, a VERY far cry from the $8K I paid in each of the last 2 years as an IC. (I have no expenses to speak of, no mortgage or rent, which really hurts as an IC.)
While on the phone with the tax accountant, I asked if withholding had changed. He said yes for most segments of the so-called middle class. He said that while I lived well and had the biggest ever year as an MT, my income is considered the low end of the middle class, so I get a break. I have noticed about a $100 INCREASE in my paychecks from lower withholding.
This is going to depend on your income range to some extent and also how you have your W-4 set. Mine is single with no exemptions, the highest amount you can have withheld automatically (unless you ask for an additional amount).
The projected tax burden for lower income Americans has decreased and so some of us will see a difference. I have, but it was to my benefit.
You show proof of past income if you need to (sm)
and that should be enough - especially if you have excellent credit. I actually had a mortgage person tell me that self-employed people are basically stuck and can never make more money - needless to say I moved on to another company.
Stated Income Home Loan
I am a self-employed IC and have purchased 4 homes in 4 different states as a single person. I was able to obtain a Stated Income Mortgage based on my credit, rather than my W2. No tax info was used, needed or requested. I guess, if your income is needed along with your husband's to qualify for a loan, then you would need the W2 info. But as a single person you can obtain a home loan based on your credit and not your tax info. Also, if you don't have enough for a down payment, you can take out a "second" against the house you are purchasing to finance your downpayment. You will have a short-term payment for the downpayment and your 30 yr note on the home. I was also able to obtain very low interest rates based on my credit rating.
Good luck, I did have to provide extra documents when I purchased one home with my exhusband.
I also have to consider my income - not just whether I enjoy the job; that is my main concern. nm
x
Ideas to earn extra income
In addition to your regular career what do you or your family do to bring in a little extra cash? I started a garden this year and it is doing so well that I think I may try for the local farmer's market next year. Not looking to make a fortune but it would be great if it could pay for extra things like a day at the zoo or pizza and a movie.
eBay is great for extra income...
and also to get things on the cheap. I haven't done it in months so can't really you a monthly amount, but looking forward to getting back into. Good luck to you.
Sorry - for your sake I hope the reason was too much annual income. (nm)
that's nonsense! I make a six-figure income all my myself being an MT. Hubby has no need to wor
xx
Agreed to let hubby have all the refund on the income tax and drat!
See, it is like this. I told hubby to take his check book today because it costs quite a bit to get our taxes filed at H&R and I basically did not care about paying for it this time (between paydays really). I said if you will pay the charges to file, then they will have your check and anything we get back you can have and if we have to pay a really big amount, I will go and take that out of a bigger account in my name and I will pay, so it will be win, win situation for you. Drat! Can I take that back now? He has paid most all the income tax this year, as an independent I did not pay my fair share but yet, now he is getting close to 5,000. Can I renegiogate? Anyone else do this sort of crazy thing and then wish they could take it back? Darn, drat, dagnab it!!!!
Southern here, cracklins sold in lower income stores usually
I have been at roadside stands and never smelled them cooking nor saw them but mostly you see in stores like food depot. I know of no one who uses them. I am sure that various parts of the country have other foods that could turn a person's stomach. I remember a supposed pepperoni pizza I had 1 time in Buffalo and the tomatoes on it were whole like uncooked. Yuck for that. Everyone has a yuck I am sure.
Good advice. In this economy, lay low. Sounds like a PT job may be in order to increase income. (
dd
Make a list of budget/spending priorities for your self employment income
Dave Ramsey's book has a irregular income planning sheet. Basically you list your expenses with the cash flow sheet. With any steady income you allocate it. For irregular income, make a list from the cash flow sheet of what needs to be paid first. Keep a culmulative total.
Oh, you don’t know the half of it
I had no clue when we married he could even cook and his food is the best, really. He says he throws things together and anyone can do. Well I do not even try. He uses all spices, fresh herbs, loads of garlic (and yet for some reason not winding up with garlic breath?)and not only does he do all this but he can fix anything in a home or outside say, garden tools, lawnmowers, do repair work, did marble floors for us, installed vanity and bathroom in another home. He has some other brothers, comes from big families but I kinda doubt if his others are that talented and besides, the ones I know are taken. He is really a catch of a lifetime! Not only is his food good but like I said, he stretches a piece of meat like you would not believe adding it to rice or pasta with other vegetables and our food costs are really on the low side yet at the same time so very, very good to the tastebuds.
Half and half
My daughter who is a senior needs to be prodded a few times. My son who is a sophomore gets up on his own. I still make them breakfast and pack them a lunch though. I do it because I like to and because they are so independent otherwise, it is nice to still be able to do some things for them. They will both be gone soon and I am sure going to miss them.
Also at our high school, after 10 tardies they have a Saturday detention and then every 5 tardies after that.
Half and Half............
Your case is completely different than Done's. Are we discussing Done's case or yours?
If we start to discuss your case we have to start a new thread.
Well, half of it would pay off all
3 of my credit cards. My son is begging for a trip to the beach so that would definitely happen and then the rest would go in the bank for emergencies.
I would never ask for half BUT...
I do want him to realize that he wouldn't be able to pay for an apartment, insurance, phone, utilities, groceries, etc working fast food.
If I charge him for his auto insurance and his phone and 50.00 a week room and board then he will see how much he has left and that it wouldn't cover his expenses in the "real world". I'm hoping this will also reiterate how important it will be for him to go to summer school and get his high school credits so that he can at least have a diploma.
Make your own income, hire a plumber. Total unnecessary. Men are useless in the family plan.
x
how would you like to be locked up half the day--sm
and all night? If you can't leave the dog loose in your own house for just overnight, then you should not have the dog. It sounds like the poor thing spends more time caged up than it does *free* and I am on the dog's side on this one. Please give the dog to someone who *cares* for it, properly. JMO
I do have a half-sister out there somewhere?
My father was married before he married my Mom, but his ex-wife ran off with his daughter. We have never met her, and he never looked for her! 
I just took a half a tablet at about 8:30
...just to see how that goes. He said 1/2 or 1 tablet t.i.d. p.r.n. My pulse was over 140 in his office today, which is what it was when the ambulance got here on Monday, and that is just NOT me. He gave me enough for a few weeks and then I go back to see him.
I think nearly a half generation did that too *lol*
Are you putting down a lot, like half?
I don't understand how you can even get such a high mortgage. Is that really possible? My husband and I make over 100K and have great credit and I know for a fact the most we MAY get approved for is 300,000 and that's with a lot of luck. Please enlighten me!
Scratch up at least half of what you owe - sm
(all of it if you can) go on a road trip to see him, 2-day drive or so if I read it correctly (or remember correctly), pay the ex off/get up to date on CS then stay a week or two, at least show your son that you want to see him and not just sitting back waiting for him to come to you when your ex decides it fits his schedule or is okay. Obviously find out if your ex has anything planned for the time you plan to go then just show up, I would not aprise anyone to your plans, just go. Even if he screws you over at least your son will see that you really, really wanted to see him and tried everything to accomplish it. This will make your ex look like a real schmuck if he does not let your son see you while you are visiting. Good luck.
I have for a week and a half now
I started it a week ago Sunday.. that would be the 17th. I have had absolutely no "treatment effects" as they call them. I have watched what I eat and have switched to some lower fat or no fat products, as far as like cheese, salad dressings, sour cream, things like that. I don't really eat a lot of fatty meat anyway, so that hasn't been anything to deal with. The changes have been pretty simple actually, pretty easy to make. Also with Alli, it only works around the meal that you take it with. So, if you basically want to watch your fat for most lunches and dinners, as I'm doing, you just take it for those two meals. I don't worry about it with breakfast because I usually just have cereal anyway. If you have some occasion planned, dinner out, might be having a meal with more than 15 g or so of fat, just don't take it. It is pretty simple really and if it does nothing else, it keep you honest with those meals you eat when you take it.
I'd tell him to take half the equity and get out - sm
not you. I am in a similar situation. I have gained about 70 pounds since we married, and 2 kids later. I never kept a great house but I was very organized; but several things have happened over the past 3 years and I have become less organized and I think mildly depressed as well. He used to nag me constantly about my weight but has finally backed off as I think he just stopped caring. I resent(ed) his constant harping about my weight and I think gained more in response; I was 30 pounds less 3 years ago. Even the kids know something is not right though we do things together as a family my DH screws it up somehow and the kids end up in tears half the time or I get upset over some mean thing he said. My younger one has said she wants to live with him if we ever divorce, how sad is that (he is more lenient as he wants to be liked by the kids). His mom is a clean fanatic, they had to shower in the basement as she did not want them messing up the bathroom, before that they had to wipe dry and clean the shower/tub everytime they used it. When she is here she picks up and folds every loose thing, etc. Her home is spotless but she has no kids or animals; we have 2 dogs and a cat and 2 kids who can make a mess really fast. I take care of everything around here but the cooking plus work 3 jobs to boot, so that is one reason the house is not a Good Housekeeping showplace, the other is I hate cleaning.
I would not change for your husband though. I am however going to try and lose this weight, though not for him. I get out of breath very easy now and I want my health to stay good. I am curious to see what reaction I get from him when I do, I suspect he won't like in in the long run, especially if I can pull it off and look darn good in the process. I am also considering getting a cleaning person to come in once a week and clean, but I will tackle that in the Fall. I did get one of those robot vacuums but have not tried it as yet. I also am thinking about seeing a divorce lawyer just to see what my options are in case he pushes me to my limit. He has threatened me with divorce but I doubt he will do it but in case he does go and spring that on me I want to know what I can expect. I think for money reasons alone would not do it as I would fight for half the house equity though it is not in my name we bought it after we were married and have lived in it for 9 years together; half of some property we own (my name is on that deed) and half his 401K from the point we married to present. So he would owe me a tidy sum, I estimate about $185K; so basically he'd have to pay off the house and give it to me as a divorce settlement + child support for 2 kids. He would be pretty cash poor for quite a while but could build a house on the property which would kill him as he wanted to have no house payments by 50 (he is 48)-- I'd want full custody of the kids but I am afraid of some financial issues that would prevent me from being awarded them; so that is why I want to see a divorce lawyer before he does (he has threatened that 2 x, but as he is a big talker I kind of ignore it, but I need to stop being naive about it just in case he does follow through for a change). You need to do the same thing, contact a lawyer and find out exactly where you stand, you have nothing to lose by doing this. I plan to do this as well, once the kids are back in school as I cannot very well drag them with me and have them come home and say, mom went to a divorce lawyer today, yeah, that would go over well.
But your husband and mine sound very alike. I know my kids love me despite my youngest saying she'd rather be with daddy, though after our disaster outing yesterday I doubt she feels that way. She says I work too much which is true but I use it as an escape too which is not good. I had a lot more time off last summer but took on some extra work lately and it has been very busy this summer. I have promised her to start taking off every other weekend so we can do more together so that should help some for us and for me mentally as well. Good luck.
You got that right! I was half laughing and (sm)
crying when he did the "Crying" song with the turtle last week! Piers shot right out of his chair on that one! I voted for him about 12 times or so altogether. My nephew's wife voted for him 10 times three different ways. . phone, computer and different phone.
My better half just had enough of this low flush job
and he spent well over $250 for a newer, will flush all down. Having folks coming over for the holidays and like you said, not gonna be embarrased by a toilet you have to help along and we changed out the powder room first because that is what a visitor would be directed to. All 4 baths here did have that same low flow toilet and they do not work well. Like you, if you have to flush 2-3 times to get them to work, what is the use??
Wow! You lost half of yourself
I am in awe!
Half a cup dry is 150 calories (I believe)
So one cup dry is 300 calories. Skim milk is 80-90 calories per cup, 45 calories per half cup, etc. Sugar is 15 calories per teaspoon.
Hope that helps.
usually it's half price
But most places you sneak food rather than pay :)
half of your salary is too much. I sm
think it should be done based on what the kid is making. In our case, the kids made more than we did but they paid 1/4 of the expenses. Adults? Its only fair.
that is - half the girls - also if they do pass this - sm
how long do they "have" to watch it, 1 minute, 5 minutes, what, a half hour until they change their mind? Once they get this passed, believe me, they will try something else, give an inch, they take a yard.
Half-Dollar sized BA
yes, and that's just your opinion.
Not sure.....I vote for Half-Dollar! lol
x
Time and a half... take a guess lol (nm)
x
Make it threesome;best half, you and BV. Don't
x
Try a latte but ask for half a shot sm
a small drink usually is one shot, a medium larger is usually two shots - you can actually ask for decaf espresso also - there are so many things you can ask for - just tell them at your local shop what you told us here and see what they suggest. A latte is a shot of espresso topped with milk and then foam, a mocha is chocolate milk, so I would stick with latte for now - there are also frozen drinks at Starbucks with no coffee in them at all - but cannot think of the name right off the top of my head - good luck!!
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