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

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[quote=Anonymous][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]

OP, I know it's tough, but try not to get too frustrated.  Just because it's possible doesn't mean it's necessarily the right choice.  You guys are partners, and if he wants to be conservative, then that's a valid approach that needs to be given equal weight in the discussion.  Compromise will be easier if you don't approach this as "how can I convince him that my way is the right way?"  Instead, try "what approach meets most of BOTH of our needs/wants?"[/quote]

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