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Reply to "Could you live comfortably on $7500 a month?"
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[quote=Anonymous]Let me get this straight. $7500 a month take-home (does that mean that you already have insurance, health care, retirement, and taxes withheld?) and $1900 for mortgage, so you have $5600 left after mortgage and no childcare costs (what about aftercare? Is there a SAH parent to handle that?). Yes, easily. For our family, after mortgage and childcare and all of the above withholdings, we live on about $2500-3000 per month and we have 2 kids. For one kid, it should be less.[/quote]
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