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Real Estate
Reply to "Afford $1.8M on 300K?"
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[quote=Anonymous][quote=Anonymous]How many kids do you have? I don’t see childcare or cost of automobiles in your budget. Or home maintenance. I would think in Fairfax you could upgrade without having to spend that kind of money. [/quote] All of that is baked into the $6K credit card bills. Obviously it's more in some months and less in other months, but over the past 3 years , it's averaged around $6K. Perhaps we've been lucky with the house, but we haven't had anything related to the house cost over $2000 (a new fridge). We have newer cars that should last us 10+ more years, but if one of them breaks down, then a $30K emergency purchase wouldn't be devastating. Obviously, an emergency cost over $100K would cause us to dip into our retirement savings (but a $100K emergency is devastating for most everyone on DCUM, no?) As I said in a prior response, we're not looking at Fairfax City. [/quote]
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