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[quote=Anonymous]I am a new SAHM. Before, my husband was making about 90k and I was making about 50k. We were putting pretty much all of my paycheck into savings. We currently have about 60k in checkings and savings accounts and 10k in IRAs. The only debt we have is 16k in student loans - down from 42k when I graduated college. Loan interest rates are quite low because of consolidation - around 2%. My husband has a good size pension but I do not have retirement savings aside a small amount rolled from a 403b into an IRA.  We are in our 20s.

These are our fixed monthly expenses:

Rent (includes all utilities)	2000
Car insurance	105
Netflix	16
Cell phone	150
Cable/internet	93
Student loans 350

Total fixed costs: 2730

My husbands take home income is currently about 5k/month, which leaves us with 2300.

So I guess my question is: what should we be doing with this 2300? How much should we be trying to save? What would be reasonable for our other costs - ie groceries and such? I plan to go back to work when my baby is about a year old. Should we just try to save as much as possible for childcare?

I am a little bummed overall because although I am very happy to be at home with my baby, we were finally making headway on saving for a down payment and now I feel like we will never be able to buy a house!  
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