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Old 01-08-2013, 09:54 AM
 
Location: Here.
15,185 posts, read 13,815,750 times
Reputation: 17786

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So when did your husband retire from his job at the U.S. Treasury?
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Old 01-08-2013, 09:54 AM
 
2,847 posts, read 2,443,981 times
Reputation: 579
Quote:
Originally Posted by bg7 View Post
How about you agree to make money decisions together ? - I think that would help.
- Believe it or not.
This seems to be the way we make money decisions together.
I help him.
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Old 01-08-2013, 06:35 PM
 
4,130 posts, read 4,050,086 times
Reputation: 3041
Quote:
Originally Posted by RevelationWriter View Post
I questioned him about the credit card debt.
And told him to take money from my savings to pay it off so as not to pay interest on it.
He assured me that he still had saving and would do that.

Not the first time I've had opportunity to put out fires.
He's really good to me. He just becomes misguided at times.
Not perfect like me
That's disconcerting that you rely on him so much without really knowing about your total financial condition.

I admit I take care of the families finances on average, and most of the budget, but my wife has full access to view all of the accounts at any time using Mint.com. We always vet big purchases through each other (usually $250+), and if something comes up that just needs to get paid we just give a heads up that it was. Racking up debt without the other knowing anything is considered a breach of trust in our relationship, not if it would harm our financial situation.

Being good is part, but people can be good and violate each others trust. I knew a wonderful woman who was the sister of a great coworker. Kind, funny, and great to be around. She would buy stuff from those shopping networks till she bankrupted her family 3 times by the time I moved positions. Her husband loved her, but he finally left because she would buy things and then pile them in the cellar to rot away (not even opened) after swearing time and time again never to do it again.
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Old 01-08-2013, 11:44 PM
 
40,992 posts, read 22,269,077 times
Reputation: 13794
Quote:
Originally Posted by Retroit View Post
Don't worry, the President has assured us that he will only allow taxes to be raised on the rich.
LOLOL Obama cheerleaders bought it hook and sinker and now their taxes went up. Serves them right for wishing bad on other people, they got nailed themselves!

Do you believe in karma? lol

Obama is going after the higher income people AGAIN but there is much MORE money to be had by raising taxes on the "middle class". Lets see if the Obama cheerleaders are foolish enough to buy Obama's lies again.
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Old 01-08-2013, 11:50 PM
 
Location: California
32,402 posts, read 35,747,742 times
Reputation: 28274
Oh please stop with the blame Obama train. My taxes and my health insurance premium have gone up ever single year since I started working. Ever. Single. Year. Along with the cost of milk and cereal and bread and toilet paper and cat food and sheets and towles and cars and tv's and shoes and anything else you care to name. I started working 35 years ago btw.

Can't go on vacation now? Boo hoo, I've rarely gone on vacation. It's not a right guarenteed in the Constitution or anything. I make my own fun.
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Old 01-09-2013, 12:12 AM
 
4,203 posts, read 3,126,761 times
Reputation: 2641
Quote:
Originally Posted by petch751 View Post
LOLOL Obama cheerleaders bought it hook and sinker and now their taxes went up. Serves them right for wishing bad on other people, they got nailed themselves!

Do you believe in karma? lol

Obama is going after the higher income people AGAIN but there is much MORE money to be had by raising taxes on the "middle class". Lets see if the Obama cheerleaders are foolish enough to buy Obama's lies again.
$17 trillion in debt brought on by both party's catering to their constituents and lobbyists.

The Democrats want to raise taxes and some limited entitlement reform. Probably not enough on either issue.

The Republicans want to retain the Bush tax cuts, which already cost $1.6 trillion in added debt and another $2 trillion over the next 10 years, while balancing the budget on Social Security and Medicare.

In the meantime, "The median household income of Americans in 2011 was $49,103. Adjusted for inflation, the median income is just below what it was in 1989 and is $4,000 less than it was in 2000. Take-home income is a bit less than $40,000 when Social Security and state and federal taxes are included. That means a monthly income, per household, of about $3,300. It is urgent to bear in mind that half of all American households earn less than this."
[LEFT]Read more: The Crisis of the Middle Class and American Power | Stratfor
[/LEFT]

Additionally, "as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country that year, compared to 2009 — $288 billion — went to the top 1 percent of taxpayers, those with at least $352,000 in income. That delivered an average single-year pay increase of 11.6 percent to each of these households. Still more astonishing was the extent to which the super rich got rich faster than the merely rich. In 2010, 37 percent of these additional earnings went to just the top 0.01 percent, a teaspoon-size collection of about 15,000 households with average incomes of $23.8 million. These fortunate few saw their incomes rise by 21.5 percent.


Are you absolutely certain it is not you who has drank the Koolaid? Keep pushing that partisan agenda!

Hating the president you did not vote for, very American!
Supporting policies that will destroy the middle class, very stupid!

Last edited by shaker281; 01-09-2013 at 12:43 AM..
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Old 01-09-2013, 07:23 AM
 
2,847 posts, read 2,443,981 times
Reputation: 579
Quote:
Originally Posted by EmeraldCityWanderer View Post
That's disconcerting that you rely on him so much without really knowing about your total financial condition.

I admit I take care of the families finances on average, and most of the budget, but my wife has full access to view all of the accounts at any time using Mint.com. We always vet big purchases through each other (usually $250+), and if something comes up that just needs to get paid we just give a heads up that it was. Racking up debt without the other knowing anything is considered a breach of trust in our relationship, not if it would harm our financial situation.

Being good is part, but people can be good and violate each others trust. I knew a wonderful woman who was the sister of a great coworker. Kind, funny, and great to be around. She would buy stuff from those shopping networks till she bankrupted her family 3 times by the time I moved positions. Her husband loved her, but he finally left because she would buy things and then pile them in the cellar to rot away (not even opened) after swearing time and time again never to do it again.
That's an extreme situation. Not like ours.

I haven't worked (outside the home) in 15 years.
He has supported me and sacrificed a lot for me. Because he loves me. And I him.

He said the credit card bill was because he put all the insurance payments on it.
And had every intention of paying it off before the interest come due.

He's better with numbers and I'm better with words.
So we've learned to trust each other in such situations of which is needed.
If I had to go over every figure with him I'd pull my hair out.

I know there are issues.
That I've been able to adress as needed, of more oppurtune times.

I have friends who have been married & divorced 3 times since we've been married as well.
Now their loney, busted and bitter.
Still waiting for the right man to come along.

Years ago they'd say to me: "I wouldn't put up with that!"
Now their saying: "Your so lucky to have Paul!"
Luck has nothing to do with it.
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Old 01-09-2013, 07:41 AM
 
30,970 posts, read 36,811,719 times
Reputation: 13229
Ok, lets consider the events at the end of 2012 and beginning of 2013. Payroll tax holiday ended and folks with EARNED income saw an increase of 2% in their EARNED income up to approx $110K. Not over that. Between December 31 and January 1 equity markets jumped 3-5% with individual stocks and funds doing in some cases better in others not as well. Many mutual funds exceeded that amount. So is someone their payroll taxes go up but had an equal or greater amount invested compared to their salary up to 110K not so sure they were crying that much. Millions of retired folks saw no payroll tax increase since they had no earned income but saw their investments increase. Dividends went up for those with incomes over 400/450k in income but if they had 10 million in the bank and only make 400K in dividends and capital gains from those investments they see no increase as a couple. Not bad for everyone and in some cases the shot in the arm from the increase in income added to net wealth. Perhaps the rich made off the best with the tax increases as they are most likely to understand the various ways you can make money and how to best optimize their own situation. So help me to understand if I have this right about the following couple:

Earned income $300K per year tax rates remain the same
Payroll tax increase of 2% on their first approx $110K
4 million in the bank and the market returns 10% with the clarity of the payroll tax expiring et etc
There were some other changes in there but the more ways you are making money the better off you often are.

They are really worse off?

Millions of us retired folks are better off now than we were on December 28 as are millions of other folks. It will all play out with time but don't be so sure folks were hurt the way many think.
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Old 01-09-2013, 08:18 AM
bg7
 
7,697 posts, read 8,900,973 times
Reputation: 15174
Quote:
Originally Posted by EmeraldCityWanderer View Post
That's disconcerting that you rely on him so much without really knowing about your total financial condition.

I admit I take care of the families finances on average, and most of the budget, but my wife has full access to view all of the accounts at any time using Mint.com. We always vet big purchases through each other (usually $250+), and if something comes up that just needs to get paid we just give a heads up that it was. Racking up debt without the other knowing anything is considered a breach of trust in our relationship, not if it would harm our financial situation.

Being good is part, but people can be good and violate each others trust. I knew a wonderful woman who was the sister of a great coworker. Kind, funny, and great to be around. She would buy stuff from those shopping networks till she bankrupted her family 3 times by the time I moved positions. Her husband loved her, but he finally left because she would buy things and then pile them in the cellar to rot away (not even opened) after swearing time and time again never to do it again.
He would have done better to get her help early on. She has a psychological disorder, which can be controlled.
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Old 01-09-2013, 08:48 AM
 
Location: LEAVING CD
22,959 posts, read 23,938,062 times
Reputation: 15572
Quote:
Originally Posted by RevelationWriter View Post
O-KAY, now I got The Truth of the matter! He called.

But, I was first told wrong to begin with!

Only one of his pension checks got the $38.00 taken from it for Health Insurance increase.
And THAT'S ALL Folks!

Geez, everthing else is the same.

Had I not posted this here? And you guys had not questioned It?

I doubt I would know the real deal today!

I've the same problem with him and the check book...

And I've now learned about a $1,100. credit-card bill too!
When I paid all our debt off a few years ago so we could live off his pensions til we got SS too.

Sorry to put you all through this...I've learned my lesson with him again!
Double-check what he says with what he's doing.

I need to stop being lazy, and stop trusting him to make all the money decisions!

Thanks for bearing with me...
Wow! You allow your husband to deal with the checkbook and such? I've never,ever been allowed to touch 'em. Heck, I don't even think the bank would recognize my signature if I signed a check.
True situation but in the interest of full disclosure I've always been just fine with not having to mess with it. This is not to say I'm ignorant of what's going in and out but am happy I don't need to micro-manage or tell my wife not to spend, she sees it first hand everyday and knows where every penny is.
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