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Reply to "What's the minimum level of monthly income minus mortgage you'd feel comfortable with?"
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[quote=Anonymous]The people responding here are plain NUTS. We have a similar situation. My husband has looked after the kids while I worked. My one caution here is whether you will resent him for having that opportunity, when you don't. It's not a huge issue for us but there are definitely times when I wish I could be the stay at home parent. He also struggles with his own perceptions that staying at home is somehow "less than" -especially for a man. Anyway, in terms of cash you need, we live on about 3500 a month after our mortgage is paid and we live very well. That figure is also after taking out retirement savings. Our mortgage is much lower than yours, but our income is about 100k. I think you'll do fine. We eat out regularly and go on a lot of trips/vacations but I don't buy into this assumption that you have to sign your kids up for expensive activities, camps, private schools which I guess eat up other peoples disposable income.[/quote]
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