Rate my spending income vs bills.

I rate you 5,563/10,000 or 5.563/10.

What does that mean

?

Mr American wrote:

Income about 120 a year .Married and 2 kids(7 and 10) but they don't live with us.We see them every other weekend and one day during the week and holidays.This is all my bills (5,563) or there about .Includes everything but food and gas and other things that come up.Child support is part of that top figure.That is our household income for me and my wife. How am I doing? My wife is in school and has no income .

I'm doing just fine. Thank you very much.

But how are you doing? How the F would I know?

Kind of like signing your name on the SAT, you get a few points for actually asking the question and caring about it. So I give you a C-. Here's where you lost points:

~ Not saying if your "income" was gross pay or take home.

~ Not knowing how much you spend a month--Gave a figure, but that didn't include food and gas which probably account for at least 15% of your total expenses.

~ Not telling us what you have in savings. Who cares about income? That could go away tomorrow. Wealth is about how much you own minus how much you owe.

So, in conclusion--if you really care about this, learn more about it and try a little, don't just post on a running site.

Based on the way you express your ideas in writing, it seems that you rate very high your spending income. And the reality is that at the end of the day, that is the only thing that probably matters. I'm wondering how you're doing at the moment, with all this pandemic thing going on, but nevertheless I wish you and your family all the best!

Based on the way you express your ideas in writing, it seems that you rate very high your spending income. And the reality is that at the end of the day, that is the only thing that probably matters. I'm wondering how you're doing at the moment, with all this pandemic thing going on, but nevertheless I wish you and your family all the best! I also think using automated billing software like the one from https://probill.com/ might save you time and money in the long run, which I think is an important thing to take into consideration. With this being said, at the end of the day, it's your life, your family and your bills, so good luck to you.

You sold old with a wife half your age. Did you cheat on your former wife with this woman?

Your monthly (5563) is a lot bigger than the 120 a year you make. I see bankruptcy in your future.

Mr American wrote:

Income about 120 a year .Married and 2 kids(7 and 10) but they don't live with us.We see them every other weekend and one day during the week and holidays.This is all my bills (5,563) or there about .Includes everything but food and gas and other things that come up.Child support is part of that top figure.That is our household income for me and my wife.How am I doing?My wife is in school and has no income .

You failed fatherhood by divorcing. Lifetime damage to your kids, in spite of what the leftists preach.

I’m in the same boat, but I acknowledge the damage I’ve done.

real men are full time fathers wrote:

Mr American wrote:

Income about 120 a year .Married and 2 kids(7 and 10) but they don't live with us.We see them every other weekend and one day during the week and holidays.This is all my bills (5,563) or there about .Includes everything but food and gas and other things that come up.Child support is part of that top figure.That is our household income for me and my wife.How am I doing?My wife is in school and has no income .

You failed fatherhood by divorcing. Lifetime damage to your kids, in spite of what the leftists preach.

I’m in the same boat, but I acknowledge the damage I’ve done.

An unhappy marriage can be more detrimental to kids than divorced parents.

On the income and spending, it seems your expenses are a bit high if those are fixed. However if your current wife plans to enter the workforce and you keep your discretionary spending in check, it seems fine.