Reply to Dual income HHI ~$150k, what do you do?

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Reply to "Dual income HHI ~$150k, what do you do?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How do you guys afford both spouses working? Wish I was rich enough to afford a nanny, two commutes, maid, takeout food, pricey day cares and summer camps.

Most folks can only afford to Have higher income spouse work. [/quote]

Uh...what? This math only works if one person makes under about $40k. Most people who responded here split the HHI relatively evenly and taking away one of those income sources would be a huge blow.[/quote]

No, actually this person is right. If you are paying a nanny $55k/yr, you have to have a high HHI. Many of us have multiple young children. If you tack on a cleaner (a luxury, I know), you add another $3600/yr.  For us, I was making $95 w/3 kids and I would have been working for benefits and about $500/mo. We tried schlepping kids to daycare and it’s a total circus if you have to be downtown by 8 a.m. Yes, it CAN be done and many people do it, but for us it was miserable.

I work Pt now and our HHI is $200k. It works for us for now. That’s plenty to live on. [/quote]

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