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Money and Finances
Reply to "We are adding a child to our family unexpectedly…how to budget"
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[quote=Anonymous]You've got a $350k mortgage with a low rate and $200k+ income with the potential for more. Financially, you're fine. I would recommend keeping the vacation house for your weeks (at least a week a year) if you can. You don't want your kids to grow up resenting the fact that their new brother took away their best family fun time. Might also be good for bonding as a family. Like others, I'm confused why you reduced your work. I would have taken a long leave (as long as possible) to help settle into new routines and then continued full time. You have them in school and after care regardless. Unless you think the hours could be changed soon to something more favorable? Good on you for doing something so kind. Not everyone could do it, and so selflessly.[/quote]
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