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Reply to "If your HHI is around $150k and you have 1-2 kids...."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow. We're HHI $85,000 with our first on the way. What would you consider that if $150K is broke? [/quote] It all just depends on your fixed expenses. At $85k, we would be broke. The student loans plus basic necessities (food, clothing, shelter, full time child care, diapers for 2, insurance) would never get covered by $85k. Student loans alone are $1,100 a month. [/quote] True. We also just don't have a lot of stuff and don't spend needlessly. Small apartment, no cars, don't live in NW, negotiated student loans down to $150 a month for now, and family lives in beautiful parts of the country we use as vacation time. Realistically, we'll probably move out of DC after baby is born. Family here is gone and cost of living is 40% above the national average. I don't see us ever being comfortable here with a child. [/quote]
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