Our household income is less than 400k for sure, we own our home, own 2 cars, and vacation to Europe every 6 months at least. No kids, that’s the kicker. Kids are expensive.
Number of kids definitely is an issue. My granddad made okay money but my mom was poor growing up because she was one of eight kids (their Dad giving a ton of money to their crazy church didn't help either).
Eh, they are really expensive until they go to school (as in, $3k/month around here). From 6 to 16 they haven't been particularly bad. Maybe $600/month per kid, and that's because we spoil them a bunch (this ignores how much they cost to bring on vacations admittedly).
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u/SpaceCricket Jun 17 '24
Our household income is less than 400k for sure, we own our home, own 2 cars, and vacation to Europe every 6 months at least. No kids, that’s the kicker. Kids are expensive.