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SVTPerformance's Chain of Restaurants
Road Side Pub
Non-Custodial Fathers Please Chime In
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<blockquote data-quote="FordSVTFan" data-source="post: 7279617" data-attributes="member: 2243"><p>First off $1250/month for an apartment in Vermont is high. I would bet there are acceptable places for well under $1000/month. Yes, sell the car and buy a beater with whatever equity is there, hence no payment. Regardless, his list adds to $2600/month. Also based on his income and tax bracket, his after tax income with zero deductions would be just at $3300/month. </p><p></p><p>So, by getting a cheaper place and selling the car he would recoup the $780/month. </p><p></p><p></p><p></p><p>The pleasure in his life comes from his child. Also a part-time job of 10 hours a week would span the gap and allow for no reduction in his lifestyle. But feel free to exagerrate.</p></blockquote><p></p>
[QUOTE="FordSVTFan, post: 7279617, member: 2243"] First off $1250/month for an apartment in Vermont is high. I would bet there are acceptable places for well under $1000/month. Yes, sell the car and buy a beater with whatever equity is there, hence no payment. Regardless, his list adds to $2600/month. Also based on his income and tax bracket, his after tax income with zero deductions would be just at $3300/month. So, by getting a cheaper place and selling the car he would recoup the $780/month. The pleasure in his life comes from his child. Also a part-time job of 10 hours a week would span the gap and allow for no reduction in his lifestyle. But feel free to exagerrate. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Non-Custodial Fathers Please Chime In
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