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Reply to "Can you survive with 7,000 monthly income after taxes ?"
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[quote=Anonymous]Provided you're already maxing out 401ks before you get that $7000, it's fine provided you have a reasonable mortgage. e.g., $2500 PITI $700 529s for two kids $500 utilities $1000 food $500 car (seems like everyone on here has paid off cars but sooner or later you'll need to buy one) Still leaves you with $1800 for travel, house repairs, activities, emergency savings.[/quote]
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