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Reply to "PSA: $250K family of 4 in the DMV area is not middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A younger couple at $250k with two kids in day care is a heck of a lot different than a $250k couple with teens who have the advantage of savings and house appreciation. It is two completely different worlds. [/quote] Um, teens are much more expensive than little kids in daycare [/quote] It really depends- mine aren't, but they don't do lots of fancy expensive activities or travel sports. IMO that type of discretionary spending is more of a choice than childcare in the early years.[/quote] Mine are but we choose cheaper housing to support their activities and pay for college. [b]That’s unfortunate you don’t as there are lower cost activities. [/b] [/quote] ?? The point is that my kids do lower cost activities. When they were both in daycare we were paying $30k+ in childcare. They do a lot but we don't come close to spending that now. We've always saved for college, even during the early years. We bought a house we could afford to begin with so no need to downsize to support exepnsive extracuricullars. Glad its working for you though. But I still counter that it is absolitely not a given that teens are more expensive than daycare, that is your choice.[/quote] Of course it was a choice. One of you could have stayed at home or worked an alternate shift to save on day care. There is also financial help for some more expensive activities. Yes, its more meaningful to spend the money when they are teens and will remember it.[/quote]
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