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Relationship Discussion (non-explicit)
Reply to "Disagreement About Moving"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We save for the sake of having a savings account and an emergency fund. We started saving for a down payment on a house and childcare. I took 4 month off of maternity leave and will be doing the same if we have a second child. The first 6 weeks was paid for and the rest was unpaid. We started saving for college. I am tight with money because I know what it's like to grow up without money. I grew up middle class but my parents were poor when I was young, and we even experienced homelessness when I was 5/6. My mom remarried and I had a middle class upbringing, but even then couldn't afford that much with a large family. I want to give my children the opportunity to participate in extracurricular activities, buy them a car, pay for their college, etc. I don't want them to put off college like I had to because I couldn't afford it. My husband grew up in an upper middle class family where he was afforded those things. He is more willing to spend money because he never had to go through those experiences I did. [/quote] New poster here. Are you and your DH on the same page about how much you plan to do for your children? Your DH could argue your kids don’t need fully funded private college and that going to school in a top school district and paid for state U is enough. Does your DH also want to save to completely pay for private college for two kids, expensive activities and buy cars for the kids and if so, how does he see the numbers/budget with the house in his price point? Either you guys don’t agree on how to spend disposable income so it comes to a head in how much house/mortgage you can afford or aren’t both working from the same numbers in how much it costs to do all the things you both agree you want to do. I think there is some compromise where you have a house that has more of what he wants but you aren’t living on the edge of foreclosure and your kids don’t have to put off college. That number may not be 1.2 but it could be more than 800K. I’ve known couples that have bought foreclosures, fixer uppers, or taken on longer commute to get more house. I’ve also seen lots of upper middle class families send their kids to state U for their state or OOS for the more affordable option and the child doesn’t have school loans and maybe maybe gets a car as part of that. [/quote] OP here. We are fine with public schools but we want private schools to be an option. We both agree that we want to pay for their college, have the option to do extracurricular activities, and have the option to buy them a car. [/quote]
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