Reply to Sad, just had to cease contributions to my 401K in order to budget in daycare costs for new baby :(

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It sounds like you are unwilling to make the changes needed.  Since that is the case, just stop the retirement contributions.

But this is a choice that you are making.  You make enough money to continue funding retirement, but you are choosing to prioritize other things.  Fine, but acknowledge that it is a choice, not something that is happening to you.[/quote]

Well it sounds like a couple of the suggestions wouldn't save them that much money- e.g., the truck and the mountain home if they're underwater on it.  The metro vs. driving/parking depends on where she works as not everywhere is Metro-accessible (and long Metro rides have gotten expensive).

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We actually did talk to a realtor about the mountain land, but we are so underwater on it it wouldn't make any sense to sell.

Depending upon if we could get anything for the truck, I am definitely willing to do that and hope that my husband would be too.

For the metro - I used to take the metro before we had DS1 and I actually preferred taking the metro over driving.  However, now that DS1 is around, I do the morning school drop off for him.  It wouldn't make a lot of sense to drive all the way back home after that and take a bus to the metro station, and if I just drove to a metro and parked and took the metro, that parking fee would make taking the metro cost almost as much as my work's parking garage (I work in Georgetown).

We've talked about refinancing our mortgage (we can't refinance our mountain land though, I've looked into it and I can't find a company that will refinance it since it is only land and no house).  It's a 15 year mortgage that we are into our 6th year of, so we are paying less interest.  This is definitely something I'd like to discuss with a financial adviser though.

Can anyone recommend an adviser?

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