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Reply to "How much should a family be making to afford to raise 2 children in this area?"
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[quote=Anonymous][quote=Anonymous]Here's us. Not living comfortably. 3 kids HHI 130 Rent is 1800. We also have a rental property OOS costing 1300. Rental income is already figured into our HHI. All 3 kids are home with me. I work two pt jobs from home while my husband works ft outside the home. We have a car payment to be done by December. After that, our only debt is the rental mortgage. Things are tight. Retirement isn't fully funded. Emergency fund is maybe 3 months of expenses. College savings are a joke. We are just dumping all our cash into debt and then savings. I hope to *activate* into a stronger earner once all kids are in school. I plan to trade my two pt jobs into something ft with nicer benefits. We'd be on easy street if we both made 100 and could get rid of the OOS property completely. [/quote] I don't understand the rental income thing. Can you explain?[/quote]
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