{"id":279110,"date":"2025-11-23T15:22:11","date_gmt":"2025-11-23T15:22:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/279110\/"},"modified":"2025-11-23T15:22:11","modified_gmt":"2025-11-23T15:22:11","slug":"why-a-man-who-earned-over-88k-a-month-had-total-savings-of-only-13k","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/279110\/","title":{"rendered":"Why a man who earned over $88k a month had total savings of only $13k"},"content":{"rendered":"<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">A director of a bank drew a monthly salary of more than $88,000, but he had only about $13,000 in his savings accounts during his divorce because his high income would routinely be depleted just from paying for the expenses of his household of four.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">His own monthly expenses would come to about $46,000 on average, while his former wife said she and their two children, aged 20 and 18, would need more than $30,000 every month. That meant that almost 90 per cent of his monthly salary would be spent on their expenses alone.<\/p>\n<p>Financial literacySavingsInvestCredit\/Debit cardsMortgages\/Real estate credit<\/p>\n","protected":false},"excerpt":{"rendered":"A director of a bank drew a monthly salary of more than $88,000, but he had only about&hellip;\n","protected":false},"author":2,"featured_media":279111,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":{"0":"post-279110","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-personal-finance","11":"tag-personalfinance","12":"tag-uk","13":"tag-united-kingdom","14":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/279110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=279110"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/279110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/279111"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=279110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=279110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=279110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}