Anonymous
09/17/2013 17:43
Subject: Help me figure out how to better allocate our 300k income.
Anonymous wrote:Anonymous wrote:yup this is why 300k hhi is hard and the home isn't even that expensive
Oh, shut up. Please. Her 300k allows her to pay a huge mortgage, 1600 in student loans and 2800 in childcare. Most people can't pay their loans at that rate or afford a mortgae's worth of childcare.
Not to mention a housekeeper.
When her huge loans and credit debt are paid off, and childcare is in the rear view, she won't know what to do with her income.
In 30 years?
Anonymous
09/17/2013 17:38
Subject: Help me figure out how to better allocate our 300k income.
Anonymous wrote:yup this is why 300k hhi is hard and the home isn't even that expensive
Oh, shut up. Please. Her 300k allows her to pay a huge mortgage, 1600 in student loans and 2800 in childcare. Most people can't pay their loans at that rate or afford a mortgae's worth of childcare.
Not to mention a housekeeper.
When her huge loans and credit debt are paid off, and childcare is in the rear view, she won't know what to do with her income.
Anonymous
09/17/2013 17:37
Subject: Help me figure out how to better allocate our 300k income.
Anonymous wrote:What is your bring home pay per month?
Is there anyway you can change the parking fees? Another area is the bills/misc that's eating up $800- that's a lot!
Maybe you could cut the housecleaning in half if they come every other week or half as often? I realize that you need it for your sanity, but your student loans are pretty high to afford that expense.
I expect that figure is already for every other week.
OP, what happens at the end of your car lease? Do you plan to buy the car?
Anonymous
09/17/2013 17:26
Subject: Help me figure out how to better allocate our 300k income.
yup this is why 300k hhi is hard and the home isn't even that expensive
Anonymous
09/17/2013 17:18
Subject: Help me figure out how to better allocate our 300k income.
What is your bring home pay per month?
Is there anyway you can change the parking fees? Another area is the bills/misc that's eating up $800- that's a lot!
Maybe you could cut the housecleaning in half if they come every other week or half as often? I realize that you need it for your sanity, but your student loans are pretty high to afford that expense.
Is there anyway you can change the parking fees? Another area is the bills/misc that's eating up $800- that's a lot!
Maybe you could cut the housecleaning in half if they come every other week or half as often? I realize that you need it for your sanity, but your student loans are pretty high to afford that expense.
Anonymous
09/17/2013 17:17
Subject: Help me figure out how to better allocate our 300k income.
Child care should go down later
Anonymous
09/17/2013 17:15
Subject: Help me figure out how to better allocate our 300k income.
We have a lease, which is almost up. So that will go away, and the car includes the insurance payment. We don't have any time to clean the house - 2 under 2, and we both work 40 plus hours a week (that's part time for me).
Anonymous
09/17/2013 17:07
Subject: Help me figure out how to better allocate our 300k income.
With car payments and student loans and now credit card debt, maybe you should try cleaning your own house?
Anonymous
09/17/2013 17:07
Subject: Help me figure out how to better allocate our 300k income.
Given the mortgage and student loans, I am surprised you have such high car payments. Why didn't you save for a car first, and then buy a house?
Anonymous
09/17/2013 16:54
Subject: Help me figure out how to better allocate our 300k income.
When can you re-fi and what would be the goal?
Anonymous
09/17/2013 16:53
Subject: Help me figure out how to better allocate our 300k income.
Selling and buying another will cost you just in transaction costs (about $80K for us). Can you re-fi?
At 300K, you might think about a financial planner, if not regularly, then at least a one-time consult.
At 300K, you might think about a financial planner, if not regularly, then at least a one-time consult.
Anonymous
09/17/2013 16:51
Subject: Help me figure out how to better allocate our 300k income.
The rate is 4.2, so pretty low. We owe about $600K, I think its worth about $700K.
Anonymous
09/17/2013 16:49
Subject: Help me figure out how to better allocate our 300k income.
How much do you owe on the house and how much do you think it's worth?
Anonymous
09/17/2013 16:47
Subject: Help me figure out how to better allocate our 300k income.
What's the interest rate on your mortgage?
Anonymous
09/17/2013 16:46
Subject: Help me figure out how to better allocate our 300k income.
per month:
mortgage - $4,200 (too much).
car - $500 (payment and insurance)
bills/misc. - $800
student loans - $1600
child care for 2 under 2 - $2800
parking - $250
housecleaning - $240
groceries/gas etc. eat up the rest.
It almost feels like no discretionary income, and we both have credit card debt because things feel tight. what can we do about our mortgage? when we bought, I was making more, and have since gone part time. we have only owned for 2 years. would it make any sense to sell?
mortgage - $4,200 (too much).
car - $500 (payment and insurance)
bills/misc. - $800
student loans - $1600
child care for 2 under 2 - $2800
parking - $250
housecleaning - $240
groceries/gas etc. eat up the rest.
It almost feels like no discretionary income, and we both have credit card debt because things feel tight. what can we do about our mortgage? when we bought, I was making more, and have since gone part time. we have only owned for 2 years. would it make any sense to sell?