Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Sorry OP, there have been tons of threads like this and they always devolve into insane circle jerks.
Once you pump out a couple of kids, whatever income you have will have to do. People have done it successfully (and unsuccessfully) with 30k, and with $1M+. It's all about your consumption and parenting choices.
+1. End thread.
Exactly. OP, this question is impossible to answer. Everyone's situation is different. We make a little under 200k but also have a paid-off house and save minimally for college and retirement due to inheritance (already received, not expected). Nice newish cars paid off, go out all the time, expensive daycare (40k+/yr) etc.
The not having to save for college and retirement due to an inheritance (not to mention the paid off house which may have come with family help) changes the calculus enormously. When you take away three of the biggest expenses most people have, sure it becomes easy to live on $200k and still have a lot of luxuries. Without that help, PP could never afford what she does and would have to dramatically alter her lifestyle to live on that salary. It is certainly doable, but it is a very different situation without the fanciest daycare, new cars, etc.
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