4.6 • 682 Ratings
🗓️ 27 May 2024
⏱️ 8 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
0:06.8 | So my wife and I just bought a house, and I'm feeling a little buyer's remorse, and I just wanted to get y'all's take on our financial situation to see if there's some validity in what I'm feeling, or if it's just, just you know I'm just in my head on it |
0:21.3 | I'll give you a just a rough kind of breakdown of our financial before you do that |
0:26.0 | just tell me what the house payment is 3,700 okay and what's your take-on pay in the house |
0:32.7 | 180 a year roughly 9500 to 10,000 per month? |
0:42.9 | No, it's not. |
0:45.2 | Something's wrong. |
0:46.7 | I'm talking about take-home after taxes. |
0:51.0 | 180 is not 10,000. |
0:54.5 | 10,000 is 120. |
0:56.0 | You don't have $60,000 worth of taxes on 180. |
1:03.8 | You don't. |
1:05.6 | Well, no, okay, so are you taking out 401K and all that? |
1:08.5 | No, I'm not. |
1:09.5 | Taxes only. |
1:10.5 | Oh, tax is only uh i don't know |
1:13.9 | the number yeah so it's probably okay so how much are you putting into your 401k um currently i'm 10 |
1:22.5 | 10 percent and my life is 10 percent okay all right so that's 18,000 so um that makes |
1:30.0 | sense then all right because your your take-home pay not counting your 401k would be more like |
1:35.2 | 14 okay something like that and um 401k health insurance whatever else the crap's coming out of |
1:42.5 | there because something's coming out of there but that's what it ought to be because 180 is 15 a month. |
1:48.0 | Okay. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.