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Reply to "Dual income families, what is your HHI?"
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[quote=Anonymous][quote=Anonymous]I was one of the first posters with the $300K combined income. I find this post fascinating in a completely voyeuristic way! We are also in the market for a new house and we were figuring we could swing a mortgage for $4500 but am now concerned that others in our HHI consider that a tight squeeze in their monthly outlay. We have no student loans (and no debt other than our $3200 month mortgage and daycare for 2 kids) but are an "older" couple in our mid-40's. I did have student loans though that I paid until I was 32. While I will save for college, my parents expected me to take out loans and wait tables for college and I will have the same expectations for my kids.[/quote] Why not buy a cheaper house and be able to contribute more to retirement and college savings, if you choose?[/quote]
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