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Reply to "Help me explain this to my husband"
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[quote=Anonymous]$1500 is a HUGE extra fixed monthly expense! I'd only take that on if absolutely necessary - if you had a 6-month emergency account saved up; you were maxing out 401ks; and saving for the kids' college funds. And having kids is also only going to get more expensive as they get older, with more clothes, gear, classes, summer vacations, etc. OP, I think your mistake was to sink your entire inheritance into a "fixer upper" without reserving cash for renovations ... [/quote]
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