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Money and Finances
Reply to "Earning Well but Drowning in Debt...how to dig out?"
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[quote=Anonymous][quote=Anonymous]You know, I'm not going to say no one should have kids, or even 3 kids, with student loan debt, even staggering debt like OP's. But it's about PRIORITIES. You can't do the 3 kids in childcare and the student loans AND the high mortgage house AND two late model cars. It doesn't work. 3 kids and 200K in student loan debt calls for some degree of cheerful, modest frugality, but OP isn't having it.[/quote] This is what it comes down to, in my opinion. The $3400 mortgage isn't completely crazy (higher than I'd like for that income, but I'm a little more conservative than most with fixed costs), but it comes with trade offs. That means no late model cars (at least not two), few kids activities, and certainly no expensive summer camps. OP, whatever you've done to this point clearly isn't working, so I hope you plan to figure out which cuts to make.[/quote]
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