Reply to Does anyone here live very well on very little?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We do okay on 90k income.  We went to London/Paris for spring break and are headed to Disney this Fall.  Small mortgage because we bought an older townhouse further out.  Public school for our one kid.  [/quote]

Are you also maxing retirement and building savings? Saving for home repairs?  is the 90k gross? What's your secret for funding international travel for the family?[/quote]

90k gross.  No not maxing out on retirement/college.  We do have savings.   We are very frugal travelers and having just one child certainly helps with airline fees.  My friend with three kids can't even consider flying internationally.[/quote]

It's all about the mortgage. you net at least $5k a month maybe more if not maxing 401k. Let's say you have a $1500/month mortgage b/c you bought a while back. $1000k groceries. $500 health insurance. $2000 discretionary left. 3 tickets to Europe & hotel maybe $6000? You could save up that easily in a year no problem in two.

Try doing it with our $3k mortgage since we are in our 30s and bought our $700k townhouse in 2011. Much harder math. [/quote]

We also bought our townhouse in 2011. But we spent 300k.  Its a choice.[/quote]

Do you both work inside beltway? B/c our careers are only located there. Living out past Burke or such would take 4 hrs out of families lives a day, so it's not quite the choice you imagine. I imagine you have a single breadwinner earning 90k and they work in tysons or something? That does work but the $300k TH out in Burke are old and will require expensive maintenance. Long term you might run into cash flow problems. [/quote]

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