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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We had about $90K when we had our first, but we'd bought a house we could afford on that single income because we knew one of us would stay home in the early years, so we didn't have childcare expenses. [/quote] This is our plan, DH makes about 10k more and has good promotion coming up to make an additional 10. We want to have a baby before I hit 34 and I want to stay home with our child the first 1-2 years. Our total HHI would be around 110-120k at that point. How did finances look for you? We have no car payments, no credit card debt, and we are mostly frugal in our spending and going out to eat at places that are ~$50 for the both of us. Once a week. [/quote] This pp, I forgot to add that our monthly mortgage is $2100. [/quote] We had a 1k mortgage, no car payments, no other debt. Continued retirement savings via DH 401k. We built up a big emergency fund before i quit by living on one salary for a few years before having kids so we could dip into that add needed for home repairs. We're both naturally frugal so I never felt like finances were very tight. We still traveled to CA 1-2 times a year to see family plus occasional travel close to home. The main thing we weren't doing was setting aside college savings. That was a top priority when I went back to work when my youngest started K.[/quote]
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