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General Parenting Discussion
Reply to "How are you preparing your children for downward mobility?"
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[quote=Anonymous]I worry about this a lot. But we have a SFH in a $ zip code inside the beltway, walkable with a 2.75% mortgage that we can pay off on 1 income. So long as this area doesn’t crash in the long term we should make out pretty well on it. We’ll sell/downsize and use some of the proceeds to help our kids get on the property ladder. Grandparents are helping a lot with college. Also we don’t live a life with tons of conspicuous consumption. We drive boring cars, take care of our clothes to wear for many years, etc. So hopefully my kids won’t feel like their lifestyle is too downward.[/quote]
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