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Money and Finances
Reply to "Reasonable income for family of 4"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We make $275k with 2 kids and do fine. We live in a small house in the city that's zoned for a good public elementary school. We drive Toyotas, not Teslas, and stay at an Airbnb or Holiday Inn instead of the Ritz on vacation. We do need to budget, especially for big ticket items like summer camp, vacations, and a fund for home repairs, but we don't generally worry about money.[/quote] I don't get this as we make much less and don't have to budget at all. We drive one $50K car, no issue.[/quote] PP here. How do you not budget at all? Right now, we're budgeting to remodel 2 bathrooms. I got quotes from contractors and came up with a plan so we can pay cash. I did the same thing when we bought our last car. I also do that every year to anticipate daycare and summer camp expenses. Did you just go out one day and buy your $50k car without saving or planning for it?[/quote]
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