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[quote=Anonymous]When I was 26 I saved aggressively to pay off my student loans.  I did not do a lot of the shopping that my friends did- and I am ok that I did not purchase all of those Kate Spade Bags and designed clothing.  My loans were paid off by 28 and I went a bunch of yerars without a car taking the bus to and from work.  I had a decent retirement  savings and 20% to put down for purchasing a house.

I prioritized savings to spending in my 20s so that in my 30s when I added in saving for my wedding, a mortgage on a single family home in DC, childcare expenses, extended leave, these events were painful but not impossible.

I have friends who stopped contributing to retirement and borrowed money from family to pay for child care.  The same friends prioritize travel over everything.  Each year they take at least 5 weeks of vacation a year.   But they are OK with their choices - partially because they know they have grandparents who are contributing to their children's college fund - so they just need to swing month to month expenses and their own retirement.

Given that you are getting 12K tax return each year - why not take that windfall and put it aside as a "downpayment to childcare"?  Or pay off your car?  It sounds like you do not know how to manage your money.[/quote]

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