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Reply to "Max house price with $350k HHI"
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[quote=Anonymous]This is the OP - to the 14:14 poster. We have about $1k in childcare costs (extended day), $1k for cars (car payments and insurance), $500 for law school loans, and then standard expenses (food, utilities, etc) each month. Our savings is low, for sure, and we know that. We need to save more and soon! For better or worse, we've chosen to enjoy life more than save for life. That means we travel a lot (Europe with kids once/year) and do eat out. But, we don't have gym memberships, we buy clothes once/year (from the outlet malls) and don't have fancy furniture, electronics, cars etc. We're always amazed when we learn that people spend $6k on a couch - ours from Ikea works fine. Part of our low savings is also the big law school debt I incurred and the fact that we paid for our wedding ourselves ($10k) - between the two, probably around $150k. [/quote]
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