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Reply to "At what point did you throw in the towel because DC is just too expensive?"
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[quote=Anonymous][quote=Anonymous]We moved here almost 8 years ago with tons in savings, CDs, no cc debt and retirement accounts large. Fast forward and we now live paycheck to paycheck with a small savings account as our emergency fund, retirement accounts took a huge hit because of the economy and tons of cc debt. We are both in our early 30's, have 2 kids but feel like we'll never be able to buy a house let alone a condo or be able to afford anything. We rarely eat out and when we do it's not at high end restaurants, I clip coupons, buy the kids clothing used, we've cut back on anything we could to pay for preschool which I know isn't a necessity but we found it important for our oldest. But, at what point do you just say enough is enough? [/quote] Well what happened other than the economy, which would have happened no matter where you lived? You must have spent your savings on something to go from "tons" to "small" and you must have bought something to run up that cc debt. Sounds to me like you are living above your means. Of course I also wonder why you felt so flush when you got here given that you didn't even have enough saved or sufficient income to buy a home. As for the one expense you do mention, DC happens to be the [b][i]only [/i][/b]place I know of where there are so many free preschool options. What gives?[/quote]
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