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Money and Finances
Reply to "What monthly PITI would you be comfortable with?"
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[quote=Anonymous][quote=Anonymous]I think there are two things this OP needs to consider - 1) what if you suddenly need to pay for daycare? That's at least an additional $1k per month (likely more). Or even if your parents continue to watch the child, maybe you want to enroll in a preschool or something for socialization. Plans for other children? 2) Your cars are paid off now and should last at least 5 more years (assuming good condition), but either you need to save for new cars or make allowance for two new car payments in the future. While you can certainly go above $2k, I wouldn't go up to $5k either. Especially not if you want to save for college or have another kid.[/quote] This is the best advice so far. Grandma could have health problems and not be able to take care of the kids. That could get real expensive real fast. [/quote]
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