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re: House = (x)household income

Posted on 8/12/15 at 10:46 am to
Posted by yellowfin
Coastal Bar
Member since May 2006
97788 posts
Posted on 8/12/15 at 10:46 am to
quote:

my goal, however, is to try and afford everything on just my salary so that if one of us loses our job or we have a kid and we lose her income for a year or so, we'll still be fine.


I tell everyone to do this
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 8/12/15 at 10:54 am to
quote:

my goal, however, is to try and afford everything on just my salary so that if one of us loses our job or we have a kid and we lose her income for a year or so, we'll still be fine.


My wife will start teaching again this year for the first time since we had our first child. 100% of her income after taxes and benefits will be going towards savings and debt paydown. We will continue to operate off of my income and will have a little extra since I don't have to pay the super high health insurance anymore. By this time next year I should be debt free with the exception of my house and then we will look to upgrade a bit.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11338 posts
Posted on 8/12/15 at 10:59 am to
quote:

I tell everyone to do this


you're a smart man

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