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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It is a wonderful salary. I could make this HHI work and meet all the goals for our family - SFH, foreign vacations, socializing, cars, tutors, ECs, cleaning lady, 2 kids college.

- SAHM[/quote]

Where do you live and how much is your mortgage payment? Here's a rough estimate of cost breakdowns for a family of two:

$250,000 Gross Income 
401(k) Deferral– $24,500
All Taxes (~23.7%)– $59,170
Net Take-Home Pay~$166,330
Annual Mortgage Payment (Assume a $600k mortgage @ 6.25%) -  $44,328
Annual College Savings (2 kids)– $30,000

Remaining Cash Flow~$92,002/yr (this would have to cover cars, food, ECs, cleaning lady, vacations, utilities, cell phones, insurance, cable, entertainment, eating out).  I couldn't do it, but admittedly, my kids are in expensive sports, and I like some creature comforts, like getting my hair professionally colored and cut, and going to pilates.  [/quote]

Don’t stop there! I’d LOVE to see where your 92k after housing and savings goes.  Are you getting your hair colored with actual gold?[/quote]

Well, we go through this exercise pretty regularly, and we are over $92k on the extra expenses, and they include: 
- Vacations are typically $10k - even national park vacations cost that much between flights, rental car, and hotels. We like to take 2 vacations per year, so about $20k in vacation costs.  
- We have a kid with a learning disability who needs a tutor and therapies. 
- We have another kid who does an expensive sport.
- We typically meet our $6k insurance deductible between the athlete, the kid who needs therapy, and my spouse and me, just staying on top of our health. 
- Braces.
- We have life and and umbreall insurance policies. 
- Hobbies - spouse is a golfer.
- Plane tickets for my in-laws to visit us a couple of times a year. 
- I probably spend $3000 on vanity things like hair, skin care (IPL or laser treatments), a massage twice a year - nothing extravagant, but it adds up 
- The kids have hobbies, birthday parties, and summer camps.[/quote]

So the actual *numbers* you included add up to 29K. Then you just listed a bunch of expenses- clearly you have no clue how much you actually spend.[/quote]

I know exactly how much we spend, but I'm not posting it online.  It's more than $92k, and we're barely living a UMC lifestyle.  [/quote]

Sorry, most people don’t have the secret hookers and blow line items.

Sorry you’re bad at math, but we’re not all morons :)[/quote]

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