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In reply to the discussion: Supreme Court nominee Brett Kavanaugh piled up credit card debt by purchasing Nationals tickets, Whi [View all]DeminPennswoods
(15,265 posts)43. He must be cash poor
Based on the incomes of both, roughly 286k per year before taxes, that's about 23k/month before taxes.
I don't know how long they've lived in the house, but if they paid 1.2M and have a 900k mortgage, they are paying over 4k/mo just in mortgage payments with property taxes and insurance on top of that. That eats up most, if not all, of her salary. They have two kids as well to support.
While taking home 18k a month (his salary) is a lot, there probably isn't much left over after all expenses.
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Supreme Court nominee Brett Kavanaugh piled up credit card debt by purchasing Nationals tickets, Whi [View all]
Judi Lynn
Jul 2018
OP
Or spent irresponsibly, or maybe in better shape than it appears? From the article,
spooky3
Jul 2018
#26
not according to the Investopedia--if that were true, the present value of his account
spooky3
Jul 2018
#36
I think the point is he has wasted more than he has saved up- and with having two young kids
bettyellen
Jul 2018
#10
No, but he is a nationally respected lawyer with lots of opportunities to make big
Sophia4
Jul 2018
#11
He makes a high salary and has for years . Debt /low savings with high earnings-something looked at
lunasun
Jul 2018
#14