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[quote=Anonymous]How much longer for part-time preschool? How far into your mortgage payments are you (ie. how many years left)?

Only you know what kind of lifestyle you lead and if you can do it. I see some people say no way based on their income and mortgage, but we make much less than some of them and have the same mortgage and are fine. But we do also live very simply.

Our income is $160K and our mortgage PITI is $2800. We contribute $500/mo total to children's college and $2K per month to 401k (my dh is over 50). We have no other debt and our expenses are low.

Our vacations are driving rather than flying. We stay in Hampton Inns or Springhill Suites. We buy clothes at Kohl's, no designer handbags, shoes, etc. My kids aren't in expensive activities - just scouts, rec. soccer, etc. I don't get manicures or expensive haircuts. And we do a lot of DIY. We cook mostly from home, do work on our cars, the home, etc.

If that is the type of lifestyle you lead and your other expenses aren't that high, then you'll be fine. If you have lots of other expenses or needs, then it won't work.[/quote]

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