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What is a good income to raise kids on?
Posted on 2/18/14 at 11:15 am
Posted on 2/18/14 at 11:15 am
I know this is another spinoff thread, but what is a good salary to raise 2 kids, have a nice house, and do comfortable things. 50,000? Never understood how some families have 3 kids, send them to private school, and go skiing in the Alps. Also, if your wife doesn't work, that's less income.
Posted on 2/18/14 at 11:16 am to Ironbat31
400k
stop starting threads
stop starting threads
Posted on 2/18/14 at 11:16 am to Ironbat31
quote:waaaaaaayyy more
50,000?
Posted on 2/18/14 at 11:17 am to Ironbat31
I don't know how people do it for 50k.
For 2 children I'd be shooting for 200k, honestly.
For 2 children I'd be shooting for 200k, honestly.
Posted on 2/18/14 at 11:17 am to Buddy Garrity
quote:
50,000?
waaaaaaayyy more
Meh. Tons of military families do it.
Posted on 2/18/14 at 11:18 am to I Love Bama
I highly doubt all you guys make 150,000! Are you all doctors?
Posted on 2/18/14 at 11:18 am to Ironbat31
My parents had 4 boys. We each wiped our arse with $50,000 a month.
Posted on 2/18/14 at 11:18 am to Ironbat31
depends on several factors:
1. cost of living for where you live
2. public schools or private
3. how many kids
4. are they girls or boys (girls are more expensive on average)
1. cost of living for where you live
2. public schools or private
3. how many kids
4. are they girls or boys (girls are more expensive on average)
Posted on 2/18/14 at 11:18 am to Ironbat31
quote:
I highly doubt all you guys make 150,000!
I don't
Posted on 2/18/14 at 11:19 am to tigerbaittrick
Right but inflation brah
Posted on 2/18/14 at 11:19 am to Ironbat31
$150,000 would be ideal for three kids if you want to live the upper middle class, safe neighborhood, college-in-their-future, beach trips, safe and nice cars type of lifestyle.
It's not strange to think that two 40 year old people with career experience and college degrees are making $75k each.
It's not strange to think that two 40 year old people with career experience and college degrees are making $75k each.
Posted on 2/18/14 at 11:21 am to Ironbat31
I work at Wendys and i raise my two kids : /
Posted on 2/18/14 at 11:21 am to Ironbat31
200K with 1 couldn't imagine 3.
Posted on 2/18/14 at 11:21 am to StringedInstruments
In my travels, Ive noticed Asian, Black, and Hispanic families are very, very frugal. A lot of white families live large.
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