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Reply to "If your HHI is around $150k and you have 1-2 kids...."
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[quote=Anonymous]Single mom here with two kids and two pets at $155K (which includes child support). I pay for almost every service since I don't have the time (cleaning lady, lawn service, dog poop clean up). I save $800 a month for the kid's college funds (each have $12K saved), $2800 for my mortgage (15 yr loan with $250K in equity), $1500 for child care (offset by CS), no car payment (haven't had one in years), I max out my 401K contribution each year. I have $70K liquid savings and $390K in 401K already. I haven't really cut back spending from dual income to one income. I like to enjoy my life and spend as I'd like. Even though I do know I should cut back more and put more in liquid savings. I am always worried about the what ifs (job loss!), which is why I'm very dedicated at work. [/quote]
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