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Reply to "Student loan payoff conundrum"
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[quote=Anonymous][quote=Anonymous]OP: Your wife is 5 mos pregnant, which means 4 more months of Big Law salary + I assume 18 weeks paid maternity leave at 100% salary. So, you're looking at 8 more months of BigLaw salary, minimum. Keep paying your loans down the first four months. Once baby comes, hoard your cash. Forget the house until your wife has settled into something permanent. [b]W/r/t cost of a baby, $5,000 [/b]IMO is low to spend on your first baby. I'm also a big law associate and we just had our first a year ago. The costs add up. We spent well over 5K and I don't think we went over the top on anything. I'm not comfortable buying anything used for a baby, so that may be why my #s were so different from that of PPs. Has your wife considered returning P/T when she comes back from maternity leave? [/quote] What the hell did you buy for your kid? [/quote]
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