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Reply to "How do people live on 160k?"
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[quote=Anonymous]I'd love it if we made $160k per year! We're a two-teacher household squeaking by on $122/year. No kids yet and honestly, not sure if we can afford them. We only have 1 car because we teach at the same school. It is paid off. DH has no student loans and I only carry ~$10k now. We rent @ $2400/mo. We can't get approved for a mortgage - that would be lower than our monthly rent - but we've never once missed a rent payment or even made one late (due on 1st of month but you get a grace period until the 5th). We keep saving as much as we can for a higher downpayment but it's frustrating. We are thinking of taking the hit to our relatively new teaching careers and moving to a cheaper state where we could afford a house. We've both only been teaching for 3 years. I'd rather leave now and only need to restart after 3 years instead of trying to tough it out here to end up with no house, no kids, no life other than paycheck-to-paycheck. [/quote]
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