Reply to How do people live on 160k?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I honestly do not know.

I mean here inside the beltway I don't know.

Sure if I'm in St Louis or something but I honestly don't know how you even enjoy your life on that esp if 2 kids.

Min 300k with 2 teens.  Min. And that's rarely going out and limited vacation joys. Sorry but camping and eating beans and rice for every holiday is not my idea of fun times.  Maybe once in awhile but folks who keep saying you can have fun just camping have never done more.  I love nature but even getting there and doing stuff that's interesting can sometimes cost more than $10 you know?  And forget about eating out more than like 2x/month if you have older kids.

I honestly don't know how people do it. We are $350k and it's not like we're big spenders. We don't have a lawn service. We don't drive new cars. But we do have 2 kids and 1 has learning disabilities so we pay a lot for tutoring and therapy.  [/quote]

I don't get where your money goes.  We make half and have a SN child as well and pay for tons of tutoring (as in 10-15 hours a week or more) plus therapies, plus at one point caring for a family member.  We spend what we want now as house is paid off (we paid it off in 16 years) and have college funds for a state college and grad school.  [/quote]

Are you frigging kidding?  I don't know where you live but where we live, a babysitter is $20/hr, 2 years ago so do the math from there.  The lunches in my hood start at $20 for a sandwich min.

Between 2 activities for a kid, LD therapy + tutoring for the other, a couple (not luxe) vacations just to keep our sanity because you know 9 weeks in the summertime without doing anything year after year will suck, eating out a few times as a family a month, all the actual bills like property which is sky high and of course 2 cars + utilities + insurance + 401k and even though our mortgage is so low it's unbelievable, college and some emergency savings, yes, we are just comfortable.  Do you know how much summer stuff is for 2 kids ages 12 and 14?  Unless you're sending them to idiot summer camp, the really interesting ones are going to be in the thousands.  We do everything for our kids because they want to learn and do stuff so yeah, it's an easy $8k/kid during summer for their stuff.  And unless you're eating regularly at Appleby's I'm not sure how you're not dropping a buck on a family dinner at a regular sit down restaurant when you eat out.  Do the math from $20k a month net and subtract everything I've just listed - we're happy if we end up with $2500 left over each month to savings. [/quote]

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