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Reply to "We are adding a child to our family unexpectedly…how to budget"
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[quote=Anonymous][quote=Anonymous]If you have HHI of $280k and [b]a mortgage of only around $350k[/b], you are spending money like crazy on a lot of things that are a lot more expensive than dog grooming. Bless you for your act of kindness towards your nephew, but from a financial standpoint, something is really out of whack if you can't swing this.[/quote] That's really not how mortgages work, you know that right PP? OP has paid it down to $350k, that doesn't mean it was initially $350k or that the payments are the same as they would be on a $350k mortgage.[/quote]
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