re: How does a family do it financially

quote:

---

250K a year are living paycheck to paycheck. No idea how that is remotely possibl

---

Too much house. Todays market only worsens that. People are in love with too much house. Then if you are that guy with too much house, your neighbors who have the right amount of house want to live their life and you try to keep up. Don’t try to keep up.

We are digging our way out of a hole that was totally brought on by having our son and fricking ourselves up after that. Then doubled down on stupid after knowing we had a problem. Trips here and there. Our problem was never our house. We are in such a better place now. When we do have extra we spend it on chopping down debt and home improvements. Not really improvements but big ticket upkeep. Siding and painting. Old dying AC.

One riddle I want explained is college. How does one save enough for college? It is priced where you have to take loans now. To save the money the average middle class family must live like paupers for about 12 years. There is no savings plan that can appreciate enough for 4 years of college in 18 years of saving. If it could everyone would be investing there.

Our plan is basically loans and help our son with those loans in adulthood.

Trade school baby!! Contractor, HVAC, plumber, heavy equipment mechanic.