Dude makes $120k/year and is up to his eyeballs in debt -- while his wife stays home and doesn't work.

John-Crimson · 2021-06-28T14:58:07+00:00

I’ve been saying this for years. You’d be surprised how many people are in debt up to their eyeballs.

I prepare people’s taxes during tax season and the majority of my clients are men. Hunter/redneck types, metrosexuals, and neck beards are the most common.

Just about all of them are driving cars they can’t afford. That’s the most common debt. Brand new heavy duty trucks and leased luxury cars.

Like…how can you act like a tough guy when you have a $70k loan on your truck and 5 credit cards? You’re broke, you idiot. You should be embarrassed.

Ody_ssey · 2021-06-28T14:53:45+00:00

Once he pays the debt, she will get the house and he'll pay alimony. Simps learn the hard way.

poloppoyop · 2021-06-28T16:02:57+00:00

If the wife stays home, how the fuck can you spend $800 on food per month? That's where he can easily get those $300 back. $190 on internet and cable? Stop paying for cable, if the wife is bored she can take a job.

But you can bet the moment a credit card debt is paid it will be time for a new TV, shoes, clothing.

cleats4u · 2021-06-28T14:59:19+00:00

Pussy is an expensive drug addiction.

mnomoto · 2021-06-28T14:51:53+00:00

OP of that post talked about getting a third job. How about his wife gets a first job?

manfrom-nantucket · 2021-06-28T15:07:03+00:00

This is an example of what happens when you let your money control you instead of controlling money. This guys biggest mistake was

Taking out too much student loans
Living beyond his means by borrowing on credit cards (credit cards should be treated as cancer because they really are)
Finally buying a home - when you are that in-debt you never ever ever buy a fucking house.

marcusaureliuswisdom · 2021-06-28T15:58:04+00:00

$50,000 in credit card debt. Holy shit. He needs to sell his house, refinance the high rate debt, and pay off the credit cards and the loans immediately. 22% APR...

c42h70w · 2021-06-28T15:23:18+00:00

For men, money does not and never will buy happiness. He’s a simp slave to his wife, rip.

30203forever · 2021-06-28T16:55:04+00:00

Spending money he doesn't have on things he doesn't need to impress people he doesn't like. Well, that looks like the preferred option in the West nowadays. Sheeple are everywhere, folks, lol.

nicolaj198vi · 2021-06-28T21:35:01+00:00

Guys, the American approach to money is totally sick. Stuff like this in Italy would be almost completely impossible. I mean, 5 credit cards and a mortgage to someone already having student loans to pay back.

Our banks would totally laugh at you even if you dare to ask for a single CC in that situation. Not even to mention the mortgage. You are required to put down AT LEAST 20% of the house value in order to even start talking about it…

You have to fix this shit guys, ‘cause it starts being the most credible threat to national security after a certain degree.

People have to learn back how to save money and invest. My annual income is 1/4th of this guy’s one, but I’ve brought an house down in Sicily (50/50 cash to mortgage), no debts, and close to half a million euros between deposits and stocks. And I’m 35.

“You don’t qualify as an adult man if you can’t take care of your finances.” Thank you Dad!

brain_fog_expert · 2021-06-28T15:59:18+00:00

This is so depressing.

Diligent-Education64 · 2021-06-28T15:46:17+00:00

My 2 ex-wives loved spending money but I never went into debt for it. I earn north of 200K, house paid for, car paid for and have 23K in credit card debt due to starting a business this year. Expected earnings, north of 8K a month.

I haven't paid for a date in 2 years. I pay for company though, 300-500 an hour once a month or less.

JusW4naRetireFk · 2021-06-28T18:18:20+00:00

Jesus I make 3 times less while having almost 3 times as much take home pay after expense on top of 0 debt.

Hilarious.

manfrom-nantucket · 2021-06-28T22:54:25+00:00

Remember folks, in the eyes of society this guy is referred to as a winner and as "living the dream." While the world derides you and me for being losers, incels, virgins etc. Just look at this guys life, he is never going to be done with this debt - ever.

i_wind · 2021-06-28T14:51:49+00:00

Jesus I make $120k a year but have less rhan $30k debt lol

mgtowpowerballz · 2021-06-28T15:59:45+00:00

I make 80k, no debt after everything is paid monthly i make 500$ profit monthly

Yasai101 · 2021-06-28T15:34:48+00:00

Lol ill be finished paying for my condo before they ever climb out of that.

khillik · 2021-06-28T17:50:44+00:00

This is one of the pitfalls that men need to watch out for, she accumulated student loan debt but won't work to pay it off, instead she pawns it off on him. She got a degree just to stay at home with the soon to be kids. You can't make this shit up.

Chicagoan81 · 2021-06-28T18:45:27+00:00

I bet if she decides to work, she'll demand that her whole paycheck goes to her own savings account so her husband can still be in charge of everything. I was in the same situation back in the day.

TheKnightRunner · 2021-06-28T19:38:40+00:00

I can almost guarantee you she isn't losing any sleep over the debt. I bet she's a big reason they have the debt and are living beyond their means. As long as those bills are getting paid and there is available credit on the credit cards, what does she care? If she was that worried about it she'd get a job and contribute the earnings straight to the debt.

Approximately 230K in credit cards and loans! I know a guy with 6 kids and a 200K house who makes less than 120K a year and is able to manage it financially.

TigPlaze · 2021-06-28T18:17:16+00:00

This is monstrous. 120K ought to be plenty to lead a comfortable lifestyle. Being with a woman is usually just not worth it. He would be so much better off getting his sexual needs met by a professional, and he can afford it.

NoMarriageNoKids · 2021-06-28T17:43:46+00:00

I fed a family of 7 for about $400/month.

Why does the wife have student loan debt without a job? Oh, so she can stay home with the kids? Then wtf did she need a degree for (if she even finished).

Cancel your cable. It's a want, not a need.

Your wife needs to find a job after you get home from work.

This is what happens when you try to create a family with a SAHM that racked up student loan debt.

whyserenity · 2021-06-28T19:28:11+00:00

Most women that work cost their families money. Unless they can pay for childcare with their salary and pay for their car, gas, etc, then it would be better off for the wife to not work. That means unless they earn $60k or more if they have children they are spending more money to work than they earn working.

noooit · 2021-06-28T19:27:19+00:00

I hear loads of scary stories about Americans and their debt, but this one sounds too dumb.
With that amount of student debt, I'd be super frugal unless it's interest-free.

Ownedby4Labs · 2021-06-28T22:30:59+00:00

This is where frugality and budgeting can come into play.
This man needs Dave Ramsey. People in worse situations have got themselves out from under by budgeting and concentrating on the debts.

Internet and cable…$190/mo…gone. Replaced by lower speed Internet…about $50/mo. Savings $140/mo. No TV is better anyways…TV rots your brain.
Food $800/m. If she stays home, she can damn well cook. Guaranteed that can be cut $200/mo. Savings $200.
Monthly cash flow Deficit wiped out. +$40/mo pos cash.
Cell phone…guaranteed you can get that down to $80. Limited plan…WiFi connections…no,overages.
Amazon Account closed. Catalogs and online shopping accounts…closed. Blocked at the router level.
Extraneous expenses…coffee…nail salon…eating out…gone.
Credit cards…put into giant bowl. Cover with water. Put in freezer. Nothing goes on them. Period. If you are tempted, you need to wait for the ice to melt. Better yet, cut them all up.
Student loans…one of THE biggest financial scams perpetrated on our youth. Promise of a better job and higher pay…immediately offset by crushing monthly debt for decades. Would have been better off at $80,000/yr in a trade with no student loans.

smfuel87 · 2021-06-28T18:44:59+00:00

He doesn't know it yet but shes going to file for divorce, walk away with a clean slate, some freebies and a new spouse/provider and hes going to lose the house, be stuck with these bills and child support and alimony to the tune of 65% of his net disposible income.

He'll kill himself or her then himself.

Wtfbyamey · 2021-06-29T04:15:19+00:00

I hate this mentality where women say “My money is my money, your money is our money” Like fuck you bitch

KING_CPB · 2021-06-28T18:32:46+00:00

Repeat after me. Never commit & never provide. Never commit & never provide. Never commit & never provide.

pakicell · 2021-06-29T09:06:54+00:00

Why did his wife go to college and take on all of those loans to not even use the degree and work?

JacksterTrackster · 2021-06-28T23:55:59+00:00

The things you own end up owning you.

invincibleipod · 2021-06-29T01:18:40+00:00

debt is modern slavery,avoid it and escape at all cost

bend the knee if you need it for investing (but make sure you can afford it and do it smart!)

debt isn’t bad but like a knife (most will get cut atleast once by it)

Cordero_Biggs · 2021-06-28T17:43:30+00:00

Fuck that. I make just a hair more than he does.

My kids left home and I sold my house and bought a condo with the sale.

I live part time in another city, 2 hours from home.

Rent and utilities (corporate unit) $1350.00 per month.

Utilities at home $300 per month

Insurance $31 per month

Groceries for both places $350 per month

Fuel $100 per month

No vehicle payment. No house payment. No credit card bills to speak of. No loans that aren't covered by other means.

This poor guy is doomed.

sicrm · 2021-06-28T17:59:44+00:00

update

he turned things about about as much any BP could’ve.

Squiddy-the-wise · 2021-06-28T18:07:28+00:00

50k in credit card debt— sweet jebus 😬

Rob141414 · 2021-06-28T16:38:32+00:00

They both can enjoy that debt!

sovereigncheese · 2021-06-28T19:17:07+00:00

Damn i don't even make one/ forth of that. What kind of jobs pay that much?

sgt_oddball_17 · 2021-06-28T20:46:27+00:00

I bet she also complains abiut him not doing "his fair share" of the laundry/cleaning/cooking . . .

TDurden757 · 2021-06-29T13:36:37+00:00

The wife can always get a part time job to help out. There are so many gig jobs she can take with a smartphone where she can have a flexible schedule. What the fuck is 800 dollars on food for? It is two adults and two kids... Is someone too lazy to even cook?! Someone isn't being productive here and with a salary of 120k, this guy isn't doing too well. Too many loans and wife seems useless. I think she is spending her time being lazy and incompetent. I feel bad for the kids.

ddigler3655 · 2021-07-02T14:20:13+00:00

If she filed for divorce he would need to continue to pay for that house and also an apartment for himself too.

She became accustomed to a certain lifestyle.

SevenAPM · 2021-06-30T18:27:17+00:00

As a Californian, I’m sitting here amazed at how he takes home 7450 a month on only 120k after 401k contribution lol

And those monthly expenses are so low…

Frankly this guy’s financial situation could be amazing

UltimaterializerX · 2021-06-29T03:06:26+00:00

SEVEN credit cards?

I have a few cards, but only two are actually used. This dude’s wife is a parasite.

hero_killer · 2021-06-30T01:46:44+00:00

My coworker lives in a big house in the suburb, like big with horses and everything.

They have four cars, and she just bought a brand new jeep like 6 months ago.

Also, they have no savings.

Oh but they sure are living the American dream.

[deleted] · 2021-06-29T04:33:20+00:00

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Sinahd1 · 2021-06-29T08:28:51+00:00

People don’t have problems cause they lack money. They lack money cause they have serious problems.

[deleted] · 2021-06-28T18:23:29+00:00

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[deleted] · 2021-06-28T17:55:39+00:00

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Dunkman83 · 2021-06-28T20:56:50+00:00

how do u possibly get far in debt

Ozzy_Cortes · 2021-06-28T21:05:23+00:00

Sucks to be him.

The-truth-hurts1 · 2021-06-28T21:16:21+00:00

Idiot

Dark_Lord_Mr_B · 2021-06-28T21:19:03+00:00

This is why I am as careful as possible to only take on debt for things I absolutely NEED. Currently lucky that in New Zealand our student debt has the interest written off for staying in the country for 183 days a year otherwise my degree will murder me financially, not that it isn't a money sink already.

Embarrassed_Couple_6 · 2021-06-29T00:01:51+00:00

First off, where tf can you have a 120k income and have a house that is that cheap??

jbrandon3366 · 2021-06-28T23:07:50+00:00

What a clown 🤡 Call the simp Dave Ramsey and he won’t tell him to leave the whore

plamplamthrow0322 · 2021-06-28T22:18:07+00:00

This is so insane. How a dude can live like this and not be eating a gun after work in the parking lot is beyond me. I don't own a home, i'm still in debt from college, but at least my bills are paid at the end of the month and manage to break slightly above even every time. I'd love to say i'm lucky, but the older i get i also think its just hard work, and not giving into temptation.

Infinite-Muscle7050 · 2021-06-28T17:16:16+00:00

Wifey needs a job

skeletonshorror · 2021-06-28T22:01:38+00:00

I got $25k in debt, no wife, kids or mortgage and live like a king because I won’t take on any woman with more debt than me… and they all have debt up to their eyeballs! 💀🔥

[deleted] · 2021-06-28T22:12:55+00:00

[deleted]

Title	Dude makes $120k/year and is up to his eyeballs in debt -- while his wife stays home and doesn't work.
Author	mnomoto
Upvotes	1
Comments	163
Date	June 28, 2021 2:50 PM UTC (5 years ago)
Subreddit	Posted in /r/MGTOW2
Original Link	https://old.reddit.com/r/MGTOW2/comments/o9lsr9/dude_makes_120kyear_and_is_up_to_his_eyeballs_in/
Archive Link	https://theredarchive.com/r/MGTOW2/dude-makes-120kyear-and-is-up-to-his-eyeballs-in.798394 https://theredarchive.com/post/798394

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