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Forum
-> Household Management
-> Finances
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amother
OP
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 Fri, Dec 02 2022, 11:44 am
How much is considered 'comfortable' or 'well off'?
Until now I was the sole breadwinner. BH, Dh got a job and our combined income will net approx $135K.
Im trying to gage the numbers. Where in the 'bracket' would we fall?
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jd1212
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Fri, Dec 02 2022, 11:59 am
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Among frum people? Which community? Totally dif
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lamplighter
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Fri, Dec 02 2022, 1:22 pm
Depends on your kids ie their ages, their schools etc. And on your housing expenses.
Sounds like a comfortable number to me.
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amother
Seashell
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Fri, Dec 02 2022, 1:26 pm
If you have 2 younger children - sounds quite comfortable to me, you should be able to put aside money to save each month ...
On the other hand if for example you have 2 children in an expensive high school that costs 30,000 per kid per year and a high mortgage etc less clear.
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jd1212
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Fri, Dec 02 2022, 1:31 pm
| amother Seashell wrote: | If you have 2 younger children - sounds quite comfortable to me, you should be able to put aside money to save each month ...
On the other hand if for example you have 2 children in an expensive high school that costs 30,000 per kid per year and a high mortgage etc less clear. |
Exactly. Full-time high-quality daycare is $20k where I live, so with 2 kids, our expenses (including some discretionary spending for sure) are about $11k/mo. But if you go to a chassidish school that’s $300/mo., you’re sitting mighty pretty.
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amother
Springgreen
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Fri, Dec 02 2022, 1:41 pm
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I have kids in school a family of 5 and we are struggling on that.
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amother
OP
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Mon, Dec 05 2022, 2:51 pm
No tuition
Just toddler in playgroup & babysitter
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