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Reply to "200k is not much money"
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[quote=Anonymous]I think there is a big difference whether the $200k is from one earner or two earners, and then how many kids they have. That money is going to go a lot further if it's a single earner with a SAH spouse and 1 kid vs. two working parents that need to cover childcare costs/college savings for 3 kids. Also if you bought a house years ago vs. trying to buy one now. We have a similar HHI and it's totally fine, we are comfortable, but I agree with those who said you are still making choices/compromises with that income in a high COL area like the DMV. DH has a crappy commute and our house is always having old-house-problems. But we are on track to save enough for in-state tuition for our kids which is way more than my parents were able to do.[/quote]
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