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Reply to "What HHI to feel comfortable with a family in a close-in city like Bethesda/Arlington/McLean?"
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[quote=Anonymous]I’m going to echo that $350 is about right to be comfortable. But I have a high standard of living in most areas. My compromise is living on a busy street, driving cars into the ground, and catholic parochial school because of COVID teacher shortages. We have also had a few significant advantages, such as taking loans from parents and help with their 529’s. I also absolutely worked my tail off for a decade and a half to get to a good salary and pay off $100k in student loans for my spouse and I. I also saw the writing on the wall on interest rates and had us trade up the size of our house. I would say we have a good lifestyle now but it wasn’t comfortable until we paid off loans, had an emergency fund, and felt established in our careers. I’m hoping at 40 yo now I can keep working for 2-3 more years and switch to a lower paying job that’s more suited to raising kids. Don’t feel comfortable dropping down to the $170-200 range here in Bethesda. [/quote]
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