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Reply to "Advice on annual travel budget with HHI of 300K?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Spending $25k on vacations when you save $1200 for college per kid is terrible. Man. [/quote] You didn’t read the full story on that in the comments. [/quote] Yes, I did. I cannot imagine contemplating spending $18k or $25k when I am only saving $3600 for 3! kids. Even if the grandparents claim they will be helping (but having no idea what they actually means). Irresponsible. [/quote] What about the part where I said I would add more from what we make over $300K with bonus /commission? Their college will likely be fully paid. [/quote] How much do you have per kid and what are their ages?[/quote] Well the oldest is almost 9, and there’s $20K in that account but as I said upthread, point taken that that amount should be increased and I can add to that from amounts we make over $300K. Trust me the bonus /commission stuff is a pain for budgeting so the $300K here is a “safe” amount. That’s part of the problem with DH wanting to live within our means, save, etc. Maybe I am being too lackadaisical about college, but at one point recently we were shelling out $40K a year on daycare with no advanced savings, and early on in our marriage DH paid for me to do 3 years of (private) grad school with no advanced savings. [/quote]
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