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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Try living on one of your salaries and save the take home of the other. [/quote]

We've thought about that, but are both in stable positions that have a lot of growth potential in the next 5 or so years, so it doesn't make sense for either of us to leave the workforce.  Plus, it's not like one of us makes $140 and the other makes 40k and could stay at home.  Losing one income would be a fairly big hit.

[/quote]

No, PP is saying to pretend as though one income doesn't exist.  You budget for one income and bank the difference, so that when daycare costs come they aren't so painful.

I felt like you did.  Our HHI is around $150k, and it was scary as all get out to see the dollars fly out the window towards baby expenses.  Honestly, though...I don't have time/energy for any of my previous money spending activities anymore with an 8 month old!  I used to have weekly hobbies, we'd take weekend getaways, we'd go on a nice vacation once or twice a year--all that is no longer.  I also don't think we're going to have the extra $5k to fund each of our Roths this year, which makes me really uncomfortable, but it is what it is.[/quote]

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