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Reply to "What makes kids so expensive?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most of the PPs have hit the big ones. You need "bigger" everything. A small 1br won't cut it. Generally one small car won't cut it - you need two cars that are big enough to hold car seats. You need more plane tickets, better hotel rooms, more tickets to the movies, attractions, etc. You have to care about birthday parties (your kid's and all the other kids whose parties they go to), Halloween costumes, trips to Santa, etc. It all just adds up. [/quote] We operated under the plan that we don't need something until we do. We stayed in the 1 bedroom apartment for 6 months, the 2 bedroom condo for the next 2.5 years and a slightly bigger townhome now. We still make do with one small car. We only do activities like Mygym in the winter months and do free stuff in warm months. It really comes down to your comfort level and how much you like to plan. [/quote] For a different perspective, we bought a 3 bedroom house for $400k as we were expecting our first child and sold it 3 years later for $650k to buy our "dream" house to grow into with a second child. Our current house has appreciated so much that we could not afford to buy it today. I'm glad we stretched back then for what we thought we would need in the future. [/quote] Sorry for 400 K House reveals you bought before the bubble which is the real secret to your success.[/quote]
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