parents of 2 or more kids...what is your HHI? ages of kids?

[Anonymous]

Anonymous wrote:4 kids. all elementary school
HHI - over 2m.

Haha. Thanks for the laugh.

Isn't there a forum for the super rich to post on?

[Anonymous]

Anonymous wrote:OP here , and to add we have a 3rd on the way. It just makes me wonder because today I went into the bank and was talking to the manager. She mentioned that she would love another but that daycare is killing her and that they cant afford it. I understand that I have no idea what other expenses they may have but I just don't see how its so hard .

Our daycare costs $20K a year. I can easily imagine that many people do not have an extra $20K in disposable income.

[Anonymous]

Anonymous wrote:

Anonymous wrote:4 kids. all elementary school
HHI - over 2m.

Haha. Thanks for the laugh.

Isn't there a forum for the super rich to post on?

I don't know who perpetuates it, but just because I'm monetarily wealthy doesn't mean I'm not also a regular person who surfs the internet sometimes. I don't sit around having the pool boy fan me while feeding me grapes. Sometimes I'm just the mom sitting in a doctor's waiting office with her kid, like all the other moms.

[Anonymous]

omg, we are so poor. HHI just under $100k. We have two kids, 6 months and 3 years and spend $1200/month on daycare and preschool. We are fortunate that my in-laws really do love taking care of our baby during the day, so she doesn't have to go to day care. We pay them, but not nearly what a high quality infant daycare would cost.

[Anonymous]

2 kids - 4 & 4
400K HHI

Pay for preschool + au pair = $45K/year.

[Anonymous]

2 kids, ages 3 and 6
$250k HHI

One kid in public school, the other $18k for daycare.

[Anonymous]

4 kids ages 6, 4, 2, 14 months

HHI 230-240K

Childcare= 3800/mos

[Anonymous]

2 kids, almost 3 and 5 mos.
daycare 3700/mo.
HHI 200k.
house paid off, otherwise couldn't afford.

[Anonymous]

HHI is $165k and we have three - twins who are 3 and one 6 month old. Daycare is $3600 a month.

OP, your daycare costs seem low for two kids.

[Anonymous]

350k-400k (depending on bonuses)
1 child, 6 months old
1,800/month for our portion of nanny share
Reasonable mortgage, 100k in student loans

[Anonymous]

3 kids: infant, 2, and 9
HHI: $240K

Daycare and AM SACC: $1350/month

[Anonymous]

120K - 4 kids.

[Anonymous]

Why questions?

Many families receive tax return more than the HHI reported
receive almost free housing
receive free meals at school
receive free after school care
free head start program for pre-schollers
receive food stamps
receive free senior day care for their parents
medi-k? (sorry can't remember)
stay home parent
and

X number of kids...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:4 kids. all elementary school
HHI - over 2m.

Haha. Thanks for the laugh.

Isn't there a forum for the super rich to post on?

I don't know who perpetuates it, but just because I'm monetarily wealthy doesn't mean I'm not also a regular person who surfs the internet sometimes. I don't sit around having the pool boy fan me while feeding me grapes. Sometimes I'm just the mom sitting in a doctor's waiting office with her kid, like all the other moms.

Okay "regular person", news flash: you are not a regular person and your experience and budget advice does not help someone who is making $120K!!

[Anonymous]

When we first had them (2 kids) it was about $300k. Now that they are 6 and 8--it's around $450+k. I WAH which is a savior. They are in public school now--woo hoo--zero tuition!!