re: What is a good income to raise kids on?

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Some of you people are so out of touch with reality. It's mind blowing.

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The thread's about what would be ideal.

My wife and I are raising a kid on $70k/year right now. It will go up soon, but if it didn't, we'd be fine.

But "fine" isn't "ideal." My son will have to get a scholarship. Our vacations will be hiking trips to the mountains and most likely sleeping in a tent. We'll go to the beach once a year. A big Disney trip? Would take a few years to save.

Not to mention we don't have cushion if something bad happens like a car breaks down or we get mold under the carpet or some other crazy shite.

So if you want a nice house with extra rooms, two reliable cars you can take care of, spacious backyard, college fund, nice vacations, and all the other extra costs that come with having kids?

You're going to want $150k+.