Reply to Do You or Your Spouse Make More Than $200K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Self: 8 years IT with Masters from JHU only 90. 
DH: 10 years Law enforcement with MD only 40. 
Passive income: 50k.

We live hand to month, most month.[/quote]

Hand to mouth on $180k?[/quote]
what's surprising? it is high COL area after all
with our HHI ~200K and 3 kids -  we're in the same boat[/quote]

Are you in too much home? $180k/yr is a LOT. Are you truly hand to mouth, or are you saving a lot, investing in 529s, investing in 401ks, etc.,  and [b]then[/b] are "hand to mouth"? [/quote]
We might be in too much home for our income, however with  3 kids and MIL living with us not too many choices available for us in this area.
House that could accommodate family of 6 in good school district outside of the beltway, but still relatively close to our jobs starts from 800K (read - need renovation). I can say that our savings are insufficient, we don't max out 401K not saving in 529s. Day-to-day expenses just high - mortgage, utilities, kids activities/afterschool care, house repair/maintenance. I would say we live comfortable, but still have to watch our expenses, e.g. we're rarely eating out, I do follow grocery adds and never buy groceries @ full price, buy kids clothes @ Kohls/Childrens place on clearance, we mostly have budget vacations - eg campgrounds in driving distance. 
Tell me how it's not hand-to-mouth?[/quote]

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