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Reply to "Can you survive with 7,000 monthly income after taxes ?"
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[quote=Anonymous][quote=Anonymous]We have about the same take home after taxes and after 401k contributions. We have 2 kids. Public school, drive old cars, live in a small house w modest furniture/decor/nothing fancy, no maid service or lawn service, strict budget for groceries, kids activities thru rec center or parks dept not $$ activities, cheap vacations like road trips/camping/bring your own food, [b]hope and pray you never have a medical emergency that insurance doesn’t cover.[/b][/quote] +1 to this, always in the back of my mind and a bit stressful. And an emergency fund for car repairs because you'll need it eventually. Also my kids will go to community college first (or maybe commute to UMD if they get in) to save on costs there.[/quote]
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