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Reply to "NYC law partner w/ kids: "$850K gross is not enough to live on""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The three kids is what really blows my mind. I am in Chicago, and the professionals that wanna live in the city routinely stop at two kids. I wonder if it’s a case that they are having the third to finally get a much wanted boy or girl.[/quote] Well then she is a lawyer, apparently a good one, so you have to plan for that and make decisions. Choosing to have a 3rd means housing gets much more expensive/it's really challenging to live in only a 2 bedroom anymore. I always tell people considering a 3rd (after two boys or two girls) to be very certain the reason they are having a 3rd is because they actually want a 3rd, not because they want the other sex finally. Because of the 10+ friends I know with 3 (where the first two are the same sex), only 1 got the opposite. [/quote] Oh, I completely agree. I just do not understand having a third kid in a major American city unless you’re willing to make concessions like living in the suburbs and/or going to public schools. Only the truly wealthy get to have three or more kids in the city, have a nice five bedroom home, top-of-the-line private schools, etc. [/quote] I agree! Unless you can actually afford it, I'm not sure squeezing 3 kids into 1 bedroom in the city is a good idea. Once they hit teen years they need some form of privacy, so I'd put at most 2 kids in a room. But in reality, I'd want to move to a house in the burbs and let them all have their own room. We now live in a city in a 2bed/2bath place that is 1500 sq ft, so large for NYC standards, and when it's just the 2 of us it's great. More than a few weeks with one kid and it's crowded, add in the 2nd kid for even 3-4 days and it's too much (but then again they grew up in a house with their own rooms). [/quote]
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