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Re: Anyone feeling the pinch?
Originally Posted by Ray
(Post 6826308)
I don't work or pay taxes ...next
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Re: Anyone feeling the pinch?
Originally Posted by katieuk
(Post 6826300)
Because at the end of the day, you earn interest on 100k. Add the interest you earn to the wage you earn and pay the mortgage. You still have 100k in the bank. And it helps with itemizing taxes.
Take the 100k and pay the mortgage off, and you're left a monthly wage. |
Re: Anyone feeling the pinch?
The financial experts are all so much smarter than I ...
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Re: Anyone feeling the pinch?
I got an email from the gal who rented the other half of the building my old office was in. She had a skin care business for 5 years, had put alot of money into fixing up her side of our building and the first 3 years did rather well because she knows her stuff. She did all the right things, networked, advertised ,was a cofounder of the local Women's Business Alliance and truly a nice person to boot. Last year the building got sold, rent doubled, and two other spas opened up in town on a more public route. Her business started to fall off, she had to let the receptionist go and start working 2 days a week for a dermatologist in Savannah. Now she is closing down for good, and back to working for someone else fulltime. :(
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Re: Anyone feeling the pinch?
Originally Posted by Jerseygirl
(Post 6826315)
If you're assuming all savings are spent paying off the mortgage...you are assuming wrong.
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Re: Anyone feeling the pinch?
Originally Posted by Ray
(Post 6826317)
The financial experts are all so much smarter than I ...
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Re: Anyone feeling the pinch?
Originally Posted by Jerseygirl
(Post 6826339)
So it seems...there again what do I know.
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Re: Anyone feeling the pinch?
Originally Posted by Ray
(Post 6826342)
Yup!!! we are the stupd ones it seems...
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Re: Anyone feeling the pinch?
Originally Posted by katieuk
(Post 6826356)
No - stupid is being encouraged by my UK bank to transfer to their offshore account. Only to find out that it has no insurance against loss...!!!:unsure:
Has any UK offshore account ever lost customer money .. |
Re: Anyone feeling the pinch?
Originally Posted by Ray
(Post 6826357)
Never listened ...to a financial expert in my life ...
Has any UK offshore account ever lost customer money .. |
Re: Anyone feeling the pinch?
Originally Posted by katieuk
(Post 6826363)
I have no idea - maybe I'll find out soon!
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Re: Anyone feeling the pinch?
Originally Posted by Ray
(Post 6826357)
Never listened ...to a financial expert in my life ...
Has any UK offshore account ever lost customer money .. I'm old school. It's all hidden under the mattress.......;) |
Re: Anyone feeling the pinch?
Originally Posted by Sugarmooma
(Post 6826367)
I'm old school. It's all hidden under the mattress.......;)
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Re: Anyone feeling the pinch?
Originally Posted by Sugarmooma
(Post 6826367)
I'm old school. It's all hidden under the mattress.......;)
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Re: Anyone feeling the pinch?
Originally Posted by Ray
(Post 6826369)
We are not talking vibrators .. and other aids
I wondered why the bed was bouncing around so much....;) |
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