Right now, the Hindses take in $4,600 a month from their Social Security, Bill’s pension from a TV station in Connecticut, and Lydia’s monthly wages. Monthly rent for their one-bedroom apartment in a 55-plus development is $1,400, their car payment is $625 a month, their car insurance is $236 a month, and their Medicare combined is $426 a month. On top of that, they have emergency medical expenses, medications, grocery and gas bills, and utilities. They’re left with close to nothing at the end of the month.
The hell is this? 2.1k a month on rent??
Why do they have to pay nearly $1000 a month for a car?? What is a car payment? are they renting a car at extortion rates?
According to this article, average payment is $745 new / $521 used on a 6 year note. So they either have a nicer used car or slightly below average new car.
$1,400 for rent in a managed apartment complex in a US suburban area also doesn’t raise an eyebrow, especially in a northeast state like Connecticut.
Most of the world has and to a large degree still relies on relatives to support them when they can’t work anymore
100% this is what i was thinking of, what do people in those countries do if they don’t have children to take care of them?
Some sort of charity. From religious institutions, some sort of alms house etc. Or just beg and die.
The hell is this? 2.1k a month on rent??
Why do they have to pay nearly $1000 a month for a car?? What is a car payment? are they renting a car at extortion rates?
Is this normal in America?
I’m guessing (more likely) the car is on payment plan or (less likely imo) it’s leased.
no its not normal to pay that much per month for a car. these people are being taken advantage of.
According to this article, average payment is $745 new / $521 used on a 6 year note. So they either have a nicer used car or slightly below average new car.
$1,400 for rent in a managed apartment complex in a US suburban area also doesn’t raise an eyebrow, especially in a northeast state like Connecticut.
So yeah, this is “normal” in America.
That rent is damn good in ct