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Reply to "Dual income families, what is your HHI?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Jesus Christ am I poor compared to you folks. We make a combined income of barely 110K (we make about the same salary) but we're doing great and have a cute little townhouse and 1 child.[/quote] this is me too. WE are also doing well -- have some credit card debt but that's not the end of the world. [/quote] Same, though we finally kicked the credit card debt a couple of years ago---woot! $120K that would be split evenly if DH and I both worked the same hours (we don't since we have a baby, so one of us is always at 80% but it varies which--our base salaries are almost the same). Mortgage is just under $2K, daycare is $1700 (could be less but we opted for the situation we felt best about after a bad first experience, so we take that hit willingly). I have student loans but DH doesn't (and yes, I think that's relevant--mine are $300/month for loans from private college and grad school, while he went to a state school that was basically free when he attended, so it has affected our respective finances our entire adult lives). Car is paid off; we put 10% of pre-tax salaries into 401Ks. It's not living large, but we also don't spend time worrying about whether we can or can't buy things (within reason of course!) or nickel-and-dimeing each other, so it works for us. We do live close in so we spend far less on gas than we might farther out, and we only have one car. It's also likely to get better over time as we phase out daycare costs, phase in raises (hopefully!), etc. [/quote]
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