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Reply to "Dual income families, what is your HHI?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Me: $110K (technical at a trade)
DH:  $170K (Sr. VP at a tech startup)
Mortgage: $4500/month
2 kids, both in daycare: $2900/month
Retirement: We both max. out 401ks, so $2800/month

Student loans were paid off prior to having kids.  Put aside about $1000/month into savings, including 529s.

Both 36 with masters. [/quote]

We are considering taking on a mortgage about that size with similar income and expenses.  So I'm curious, how does your budget feel to you?  Tight?  Comfortable?[/quote]

It feels mostly comfortable for us.  When we first got our mortgage in 2007, it was $5K (we've refinanced) but only one in daycare.  Of course, our salaries were less as well.  We are still able to go on decent vacations (cruise, Vegas, trips to family in Florida) and generally buy what we want, within reason.  But we also don't have expensive taste - name brands really mean nothing to us.  Spending $100 or more on any one clothing/accessory item is extravagant for us.  In other year, our oldest will enter public school, so we'll start feeling more comfortable again.  [/quote]

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