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Reply to "What would you do with a greatly increased HHI?"
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[quote=Anonymous][quote=Anonymous] 4. increase college savings for our kids (which has definitely been on the back burner). Right now we pay a large monthly bill for child care which will decrease over time, so our plan has always been to start contributing more once our kids are in school.[/quote] Only plan on having about 1/2 of the child care costs available to you. You will have before /aftercare costs, costs for teacher work days, winter break camp, spring break camp, summer camps. Summer camps run ~ $1K a week for 2 children if you need before / aftercare.[/quote]
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