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Reply to "Support a family of 4 on $55k/year"
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[quote=Anonymous][quote=Anonymous]We live in FFx - a TH within 15 min. walk of Vienna and short drive to Dunn Loring. DH also commutes into DC. We are living on 70K (which I know is a bit more than OP's post), but it is very possible b/c we have "left over" $$ for vacations How do we do it? We live within our means. The cars are paid off (1989 Outback and 2000 Accord), no student loans, and we refinanced so our mortgage payments are lower now. There are ton a of free activities for the kids (ages 2 and 4), we have an extensive veg/fruit garden growing, I use coupons combined with sale prices, AND I have price thresholds where I refuse to pay X amount for a product. It really isn't that hard and it is very much possible. I could go on an on about other money-savers and where else we cut corners and how to spend wisely...if you're interested. [/quote] At that income level, an extra $15K is the difference between really tight, and doable tight. Just my opinion but .... 15K is almost 30% of 55K. 30% more salary at that income level is a Lot! [/quote]
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