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Reply to "Dual income families, what is your HHI?"
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[quote=Anonymous][quote]We lived on $65K/year (my salary) for the 3 years my DH was in law school. Maxed out retirement, traveled every year (internationally), saved at least $15K/year for down payment. We shopped at WF and had a cheap, no frills apt with no cable, but lots of other entertainment. I don't get people who need $200K to get by (though we make that now, we bank a LOT). Our mortgage now is only a little more than our rent used to be. Our DC costs us a little extra ($2000/month), but that's why we waited until we made more to have a kid, and we still save a ton. Are all y'all living high on the hog? What am I doing right/wrong here?[/quote] actually I would love to know! what was your rent? Did you have/pay for health insurance/car payments/transportation? I'm figuring after tax income is 50k??, down 30k after your savings for house/retirement. THen you have rent--another 15k?. take out 2k for your international trip (which is low for 2 people, my last trip to europe the plane ticket was 980). and that is about 75.00/week for everything else: food, entertainment, utilities, necessities, transportation, copays, etc.[/quote]
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