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Reply to "Life is Easy in NW DC on $300k, AMA"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]oP, thanks fo posting. My spouse is periodically considering getting a lower paid job and I’ve had trouble thinking through what our budget would be. I’m really interested to see how little you pay in taxes. We currently pay 50-60% of income in taxes so that takes a big swath. We have 3 kids and they are older so more expensive (we definitely couldn’t get by on 900/month in groceries unless we were seriously coupon clipping!!) but your post makes me feel like 350 or 400 would be do-able. As some posters have pointed out, the big problem with any family budget is that there are so many unknown factors. For us, we didn’t anticipate certain special needs our kids have, so we pay a lot of money in unreimbursed therapies plus we really can’t use the cheapest after-cares and camps. We’ve managed to stick with public school so far but I’m no longer so confident that will be a good idea for the long-term. [/quote] Op here. Wow, [b]60% taxes has me confused[/b]. Anyway, I do understand our current groceries bill will be unrealistic as the kids get older. Then again, the 21k in daycare will go away. So I hope things even out as certain child related expenses rise and fall with age. We don't clip coupons.[/quote] me too -- care to explain why your taxes are so high PP?[/quote]
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