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Reply to "What is your income to allow one parent to stay at home?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We live very centrally in DC on about $95k. Two kids, one car, don't typically splurge except that we eat out way too much and go on at least two full week or longer vacations each year, plus multiple weekend trips. Vacation overseas at least every other year.[/quote] can you post your budget (at least for big ticket items)?[/quote] You are being trolled. They inherited a house or something. [/quote] No I am not and no I didn't. There is nothing in this question that insists that you have to have bought your home in the past year or two and paid over the top for it. Mortgage is $1400 We spend about $1000 a month on groceries and eating out About $40 a month on gas, car is owned outright has very little maintenance costs but other car costs insurance etc are probably a little over $1k a year About $150 on water/gas/electric About $95 on cell phones About $50 on TV subscriptions (no cable) About $0-$80 on child care (kids are 4 and 7 in school and don't do aftercare, but do get babysitter for occasional date night) A couple of hundred a month on household costs including repairs etc We save $18k-$22k a year for retirement (before tax) and a couple of thousand on college savings. Also donate about $1k per year. Don't spend much on clothes -- use thrift stores and buy in sales, but probably $1k per year max for kids clothes and shoes, mainly. We spend too much on vacations, I'm a little afraid to tally that up, but we stay use points and stay with family where possible. [/quote] 1400 mortgage!!! Yes but your experience is not really representative since mortgage is from the 90s or some other exception [/quote]
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