Reply to I'm in the Top 10% but it sure as hell doesn't feel like it

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[quote=Anonymous][quote=Freeman][quote=Anonymous]I would counsel you to NOT have another child in the situation you are in. Really, listen to me now: another kid does NOT mean you will just double your expenses. The increased cost will be [b]exponential[/b].[/quote]

Let's be realistic with our math. Children will be a mostly linear increase(Likely with a slight curve downward as more children are added, since not all expenses will increase linearly, such as food), not an exponential one. I'm not even going to address the rest of your post.

To the OP, you really seem to have most of the answers already. You had some financial issues with an old house that piled up some debts, and you are having to dig yourself out of it. Your current income is saddled with the debts you'd already accumulated, and there's probably not an easy way out. I'd sit down and try to work out the best, fastest way to start clearing some of your debts, particularly the credit card ones since they tend to have the highest interest rates. Money management is much more important in the long run than overall income. That's why millionaires can end up bankrupt while those with more moderate means can live well. And most practically of all, if you can't afford to live as you currently are, then what can you change about the way you currently live? Sometimes, you just have to step back, look at the big picture, and really examine what is and isn't working.[/quote]

Thanks, yes.  We've done that.  Paying off the credit cards as fast as we can and we do have a plan.  I know we will get out of it.  And we have evaluated the big picture and know we have to move, and that we'll be able to sell our house for more than we paid for it given all the work we've poured into it.  I'm buying new construction with a killer home warranty when we move - no more "charming" old money pits for me.  It's just frustrating, that's all.  I needed a good vent.  [/quote]

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