Reply to At odds with spouse ove how much house we can afford

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[quote=Anonymous][quote=Anonymous]OP - how log have you had a HHI at this level? It this a new situation? How long did it take you to save the $750 K?
I would assume that with this income, if you have no other debt, you should have saved at least $250 K  a year. If you couldn't do that, why not?
If you are saving at that level, then the difference between you might be a fortune for most, but for you, your disagreement is only about 2 years of savings.

I am trying to understand why your husband feels uncomfortable with a debt level that seems fine for your HHI.[/quote]

You and me both.  Maybe just a super-conservative approach vs. let's spend some now and enjoy ourselves since we bust our asses?  Also, I think there is a desire for one of us to have the "ability" to take a much lower paying job, and reduce HHI to around $400K, but still not for a while, and obviously still want to be able to afford house we buy.  I contend that with our savings (college tuitions are all but payed off over 10+ in advance of needing them) we can.

HHI at this level for about 4 years.  Savings took about 5 years (I didn't include college tuitions in this number) childcare/schooling expenses are going to drop from 50K to less than 10K/year soon.  Income is very stable unless a change in job- by choice.  But still,  I crunch the numbers and still think even with lowered HHI in the future 1.7 is possible.  UGH![/quote]

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