Finances with big mortgage

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There’s a lot of vitriol on this thread, and I’m suspecting most of it is jealousy towards OP. She’s only 35, bought a $2m house, and has a lot of family help. You’ll be ok OP. Early childcare years are tough but if you can get through them with no major illnesses or job losses, it’s easier on the other side.

+10000. It’s jealousy. I’ve learned in posts you have to hide HHI, assistance from parents etc. however it’s impossible to do that with this post.

They’re clearly rich. Why brag ?

Most of the DCUM forums are nothing but bragging (if factual). If you haven't realized this by now you are clearly not paying attention. That's the thing with anonymous posting. Oh and most posts concerning HHI and/or NW are probably exaggerated or false.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:7k may be a third of their take home but taking out such a large mortgage is foolish. It means you are slave to your job and dependent on a high income to maintain your lifestyle. We make the same income and our mortgage is 3500. But we don't have mommy and daddy to bail us out.

For real. This is why we’ve never taken out a big mortgage. We’ve used our big income to drive out mortgage down. We could take career risks due to easily being able to live and save on one income when needed.

It’s a really nice feeling sitting here at age 45 getting a bit sick of working. I’m not trapped in a guilded cage. As a matter of fact my employer is trying to force be back into the office 3xs a week and I’m dug in refusing more than 1 day. I’m thinking they are welcome to fire me. We are in a Mexican stand off and I’m not backing down. Could never do this if I needed this job to pay my bills.

+1

Goal should always be to try and live off of one income, or mostly off one income. That way if an issue arises you have choices---what if a kid requires a SAHP for medical issues, a parent needs more help, etc. If you are mortgaged to the hilt and require both salaries to stay above water, you don't have choices.

+2, we remained in our tiny s$it shack that should have been a tear down and instead paid off the mortgage last year to be mortgage free. I'd love a bigger, nicer house but the freedom of not having to worry about housing is freeing.

Some of us feel we deserve better than to live in a disgusting home.

A small house =/ “disgusting”

PP literally said it’s a tiny $hit shack…so it must be close. Thankfully they’re being torn down all over.