I know that talking about money is taboo. However, I like to talk about numbers. I don’t mind sharing information about how much Todd and I have in our 401K’s with work, how much we’ve paid off in the past year, how much more we have to go, what I am planning to do with IRA’s for the both of us in the near future, how much we owe on our house, etc.
I don’t understand why money is such a touchy subject. It is something that is not talked about openly by many. It is hush-hush about how much a family makes in a year. Our finances would probably make more sense if you knew how much we made. A $418 mortgage payment doesn’t sound like a lot, but what if we were making $25,000/year? That would be A LOT! That same mortgage payment would seem like nothing based on a $100,000 income, would it not? I have talked about every other aspect of our finances except our incomes, and that is going to change in the next sentence. Todd and I make approximately $68,000/year combined (it may be a little higher this year.) There you have it. That may be piddly to some, or a lot to others, but it is what it is. We make approximately the same amount, which is odd, because Todd’s hourly wage is $4 less than mine. However, one week, he works 36 hours, the next he works 48 hours. That overtime makes our incomes pretty close (within $5,000/year.)
My goal is to learn how to live off of one income. I would really like for Todd to get out of the place he works. Also, if we were to have children, I would like to stay home with them.
So, there you have it.
Everything is out in the open.