Reply to Family of Four on 90k - An Upper Middle Class Existence

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[quote=Anonymous][quote=Anonymous]OP, it sounds like you made some good financial decisions, but you also had timing on your side.  I was still in high school when your DH bought his first place.  Now that I'm old enough to buy my first home, prices have already gone up a lot.  I literally paid more than double for my house in 2013 than the prior owners paid in 2003.  It is depressing trying to become a first time homeowner.

Oh and I'm pregnant with my first.  Daycare around me costs close to 2k for infants.  I checked with a licensed in-home daycare and it is $1,400/month.  Staying home isn't an option because DH and I both have some graduate school loans (though thankfully not a ton like some of our friends).

Since I plan to keep working, home schooling is not an option.  We had to pay for a neighborhood with good public schools in NoVa.  And we couldn't move super far out because two people spending a ton of time commuting to ther jobs = no one around to make dinner, do daycare pickup/drop off etc.

I think it is truly great that you're making it work on 90k and I agree some of the people who complain about struggling on 500k a year are obnoxious.  But your situation is apples and oranges to families who are younger than you and need to live close-in for job reasons and want good school districts.[/quote]

+1 to all of this. Really sick of the late boomers/gen Xers saying, "Well we're upper middle class on 90k, oh but we bought our house in 2009 after the market crash, now it's worth twice as much as we paid for it, why can't others just do what we did!!!!??1" It's not relevant advice to younger people at all. We bought our first house last year and it's a small TH in Fairfax.[/quote]

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