Reply to Early thirties couples what are your finances like?

Forum Index » Money and Finances

Reply to "Early thirties couples what are your finances like?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Definitely don't wait to have kids. The cost of in vitro is a lot, and its a lot of stress on baby and mom. Kudos to those of you on this board who made it through that - very committed parents.

35 and 36, HHI ~300 with two working parents. Emergency fund is around 40k so lower than we'd like. Retirement around 214k in roths and tsp. General stock investments around 200k. Just finished paying off student loans around 126k (I had student loans from college so took me 12 working years, then husbands grad school loans). Lived lean while we had 2 kids and the related childcare. We didn't /don't skimp on childcare because 2 full time working parents, but we dipped into our emergency fund for 2 family vacations in that time (about 3 years), no nice furniture, and no big luxurious purchases. Going to be honest, I was stressed about money all the time, but it was worth it to get those loans paid off. Loans suck. But, not a good idea to be completely stressed about money all the time as long as you have a roof over your head, a safe and secure country, and good educational opportunities, so maybe my stress levels weren't warranted.

Also, this area can feel like a rat race of social and financial pressures, so don't give into it all. We've been rushed several country clubs, city clubs, etc., expensive friend vacations, and have thus far declined. If we had a lot more money it would be easier to say yes, but since we don't have generational wealth, the financial answer was an easy no, and I like the flexibility it gives us not to be locked into a certain lifestyle should we need to ratchet it down or up depending on life circumstances. We try to stay grounded in our life aspirations. We did manage to contribute to charity during this time, and it made a mental difference that I don't think people realize is really important - we sponsored children, and gave to some refugee charity money. It made the whole thing feel less like a rat race. Down with the rat race! [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics