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How much income do YOU think is needed
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
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Re: How much income do YOU think is needed
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Posted 5/22/17 5:37 PM  |
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EandF
LIF Adult
Member since 11/11 1674 total posts
Name:
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Re: How much income do YOU think is needed
I agree with most of the previous posters that it is all relative and there are so many variables. DH and I both make good incomes but we have big expenses - large mortgage, super high property taxes, student loans, car payments, and debt, which kills me. We also now have three kids. The rest of our $$ goes to them!! We pay a small fortune for private nursery, pre-k, etc before they can go to the public school, and a ton for summer camp too. We are also very fortunate that my parents watch the kids, so we save on day care and before/after care. Now that the kids are getting older, there's activities too!
I'd love to cut expenses, but it seems that every year there's just more to pay for.
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| Posted 5/22/17 8:14 PM |
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itsagoodlife
LIF Adolescent
Member since 8/15 619 total posts
Name:
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Re: How much income do YOU think is needed
Posted by MrsT809
Thank goodness for this site or I'd have no idea how poor I should consider myself
Seriously... LOL
I am a single mom of 3 who manages to make it on a FRACTION of these amounts and thats including child support. My total "income" including CS is less than $100K per year and I own my own home, take vacations, have zero credit card debt and my student loans are paid off. I live in Eastern Nassau.
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| Posted 5/23/17 11:56 AM |
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| Pages: 1 2 [3] |
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