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Reply to "What's your family size and how much do you spend each month total?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are a family of 4 with 2 kids under 5, and we spend on average about $11k a month.[/quote] WOW!!! Seriously? We spend about $4k and I think we're well off.[/quote] You aren't.[/quote] Yes, we are. We have everything we need and then some. You need a reality check if you can't understand that. Take a good hard look at the people you see every day and how they live. We have a nice house and a nice car and food in the fridge, heating and shelter, clothes on our backs, regular vacations, books and toys for the kids. Just because you are extravagant and don't understand the value of money doesn't make you "better" than someone who knows what it means. Our HHI is about $90k and that is a LOT of money. It truly is. I am grateful for what we have and that we are not struggling. [/quote] You don't have to save enough to pay your kids' college educations in full, unlike families who make more. We need to save $500,000 to pay for our two childrens' educations through the end of college, no prayer of financial aid.[/quote] What's that got to do with anything? this thread is about spending not saving. I actually think that our college savings and retirement are in pretty good shape, but that's for another thread. (Also, $500k for two kids is beyond ridiculous - where are you sending them?).[/quote]
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