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Reply to "How did you afford your $1M plus home?"
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[quote=Anonymous]Op again. We are, in fact, saving money. One reason I posted this thread is to understand how others prioritize saving money for a house/down payment. We save for retirement, some more short term money, long term help for aforementioned sick/unemployed parents. We haven't yet determined how/if we would shift money from any of those things because all of those things seem more important then a bigger house. However, once the kids get older, we will need to move for better public schools so we'd like to get in at the right time. Nanny will go in a few years (if not sooner but with 2 kids we're not saving much by doing daycare and aftercare for both). We have a honda civic now and one car thats 10 yrs old and paid off. We take a nice vacation (5-7k) every 2-3 years although the last one was in 2010 and there is no plan for another in the future because of other priorities. We just went through fertility treatments that cost an additional 25k we will be paying off for a while, etc. To be clear, we feel very blessed and want for nothing in terms of need. We'd just like to move into a home that has another bedroom and a little more room with good schools at some point in the next few years. We just started looking in the last few weeks and were surprised at how high things were. We'll likely just readjust our plans and find something more modest, different area, etc. It just surprises me that we need to do that given what we make. We just got a planner to help us figure out what we are doing wrong. [/quote]
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