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Reply to "Depressed over lifestyle"
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[quote=Anonymous]I still don't understand where the money is going. With $150K HHI, your monthly take home should be around $7,500 I'm guessing, accounting for health insurance and some retirement savings. After $4,000 for mortgage and daycare, you're still left with $3,500. Where does that go? Are there other loans that you're paying off? Also, if you're putting a lot of money away right now for your child's college savings, you could temporarily do away with that to afford having a second child. Then, as the kids "graduate" from daycare, divert that amount into their college accounts. You'll be accustomed to living without it anyway, and $1,500/month adds up quickly, especially with the power of compounding over the next 13 years. [/quote]
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