Reply to I know why Millenials can't afford houses and pay off their student loans..

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Goddamn. DC is a bubble. No wonder why democrats lost.

[b]No, four kids isn't why.[/b] In many areas of the country four kids doesn't kill you. In the suburbs of Richmond, VA I have several relatives with four kids, gorgeous homes, and good public schools. 
[/quote]

Yes it is.  Sending four kids to college is expensive.  Doing anything with four kids is expensive.  Even the cheapest vacation becomes expensive with four kids.   [/quote]

Lets just look at this....

each kid as activities:  music lessons in this area are at least $40/week; 2000/yr.  
Food...they have to eat.  Small kids eat less than big kids, but teen...wow....on average (over ages): 2400/year
Religious education: $400/yr

Clothing?  Vacations?  Etc...

Each kid costs about 5K per year.  You make 50K (just over the median), and have 4 kids, you are poor.  Ok.  No music lessons.  Food is required.  Clothing?  Hand-me-Downs.  lets assume free.

Before housing or transportation (just food for the kids and social security taxes):  $3000/month --- housing?  probably at least 1000 (low cost of living area).  2K per month left over.  Now, you need health care/insurance.  Figure that will be $800/month on average.  1,200/month.  And we haven't paid the bills.  You need a car (or two), but you drive a clunker (or two),  200/month repairs, $150/month gas, $50/month insurance.  That is get you down to $800/month.  Utiltiies?  $200 for gas/electric/water?  $600/month.  Oh wait. Mommy and daddy did not eat year.  Another 400/month.

So, the median family in a low cost of living area is looking at $200/month left over before any discretionary spending.  Cell Phone for the adults?  $100/month.  No cable.  No Internet.

This is life in middle america.  [/quote]

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