Evening Reading
by Steve Gibson, Mar 20, 2008 6:50pm PDTKinda on the road right now but you guys need a new chat thread for the evening! Will fill this thing out for you guys late tonight.
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What are your monthly expenses vs savings like? The wife and I just took on our first mortgage ($330,000 unfortunately) and we can just afford it. We're only able to save about $500 extra per mont over and above all of our bills - what's normal? How much extra do you have each month to live comfortably?
I'm wishing we had more extra each month to save a cushion fund to offset potential interest rate increases 5 years from now when our closed term expires.
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