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re: How does a family do it financially
Posted on 6/6/22 at 7:36 am to tigerbacon
Posted on 6/6/22 at 7:36 am to tigerbacon
They do stupid shite like go into debt for $30k side by sides, jet skis and assorted ATV's.
What really amazes me is people that finance exotic cars.
Wouldn't the guilt of debt for something like a Lambo make one unable to enjoy it?
What really amazes me is people that finance exotic cars.
Wouldn't the guilt of debt for something like a Lambo make one unable to enjoy it?
This post was edited on 6/6/22 at 7:39 am
1
Posted on 6/6/22 at 8:52 am to tigerbacon
quote:
save 1500 a month.
The only difference between you now and you with kids is this^. Save it while you can!!!
This post was edited on 6/6/22 at 8:53 am
Posted on 6/6/22 at 8:56 am to tigerbacon
Don’t buy our dream car and don’t have 3-4 kids.
1 child, 20% of income mortgage, 1 vehicle note with 1 paid for in cash (very cheap used), save 30% of total income, cook breakfast lunch and dinner at home, eat out/order out 1-2x/ week total.
No frills living
1 child, 20% of income mortgage, 1 vehicle note with 1 paid for in cash (very cheap used), save 30% of total income, cook breakfast lunch and dinner at home, eat out/order out 1-2x/ week total.
No frills living
Posted on 6/6/22 at 9:30 am to tigerbacon
We worked to get out of debt before having kids, but we still had a pretty fancy house. A few years ago, we sold it and bought a smaller house. We have now been mortgage free for several years. It makes life a lot less stressful especially with inflation and all the craziness in the world. We don't live to keep up with the Joneses and just try to live a simple life
We lived on one fairly average income for many years so I could be a stay at home mom. When I went back to work, we have used my income to beef up retirement and college savings. We also decided to send our kids to private school in 2020 to keep them from falling behind.
We lived on one fairly average income for many years so I could be a stay at home mom. When I went back to work, we have used my income to beef up retirement and college savings. We also decided to send our kids to private school in 2020 to keep them from falling behind.
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