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S/O is imamother poor
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nicole81




 
 
 
 

Post Mon, Sep 05 2022, 5:45 pm
amother Apricot wrote:
I wish you were realistic or maybe your just lucky but. 500/wk food is not a lot! Especially you have no idea how many kids she said 5-6 for tuition perhaps 2 more are home so for family of 10 500/week barely covers remember this is like $250 a year ago.
Re mortgage who pays 1k a month?! Is that legit? Definitely not everywhere you must be minority and very lucky!


Seriously! Even the families I know who bought very OOT about 10 years ago pay at least 1100. My friends who purchased in Brooklyn 20 years ago pay $1800. Now, even in some of the most OOT communities with 20% down, total payments are at least 2,000, sometimes nearer 3,000.

Food really is double. I remember when my husband and I challenged ourselves to feed our family of 8 on $600/month. We were able to do it pre-covid. I feel like just the barebones necessities (forget chicken, that's through the roof) are at least $1200.

Well... off to finish making our dinner of lentils and rice Very Happy
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amother




OP
 

Post Mon, Sep 05 2022, 6:21 pm
So how much would be an ideal amount for a frum family in tristate area with say 4-5 kids.
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amother




Opal
 

Post Mon, Sep 05 2022, 6:39 pm
nicole81 wrote:
Seriously! Even the families I know who bought very OOT about 10 years ago pay at least 1100. My friends who purchased in Brooklyn 20 years ago pay $1800. Now, even in some of the most OOT communities with 20% down, total payments are at least 2,000, sometimes nearer 3,000.

Food really is double. I remember when my husband and I challenged ourselves to feed our family of 8 on $600/month. We were able to do it pre-covid. I feel like just the barebones necessities (forget chicken, that's through the roof) are at least $1200.

Well... off to finish making our dinner of lentils and rice Very Happy


Yes that's about how much my mortgage is 1100 including tax and insurance. We do live out of town but in a bigger jewish community. My food bill definitly went up but I've been looking for ways to keep it down. Using the kosher food bank for example to get staples. We get a tuition break but full tuition for our four school age kids is about 37k. We pay about 10k less. Our income is about 165k pretax. Its tight but enough for now.
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amother




Iris
 

Post Mon, Sep 05 2022, 7:00 pm
Interesting question OP!
So I always assumed that imamother is likely doing quite well, considering all the flashy ads on all corners of my screen.
But, hey you never now.
Perhaps PM Yael to ask her. I'm sure she'll feel touched by your care and concern.
Maybe we can start a chessed fund if imamother is struggling, to help it stay afloat.
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amother




Eggplant
 

Post Tue, Sep 06 2022, 10:45 pm
We make roughly $4000 to $4500 a month.

$1500 to rent, water, sewer.

$1300 to phone, cable tv (we'll probably cancel it soon but somehow we are still making it work), car and renters insurance, electric, gas, and two car payments

$1000 to debt repayment ($130,000 in student loan debt and no, we won't be applying for Biden's $10,000 help) (another $20,000 in credit card debt or so)

$500 to groceries.


Two kids, no tuition, no health insurance (medicaid), no food stamps or WIC

People posting about manicures and vacations and cleaning help--- hahaha.
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amother




Bellflower
 

Post Tue, Sep 06 2022, 10:58 pm
amother Eggplant wrote:
We make roughly $4000 to $4500 a month.

$1500 to rent, water, sewer.

$1300 to phone, cable tv (we'll probably cancel it soon but somehow we are still making it work), car and renters insurance, electric, gas, and two car payments

$1000 to debt repayment ($130,000 in student loan debt and no, we won't be applying for Biden's $10,000 help) (another $20,000 in credit card debt or so)

$500 to groceries.


Two kids, no tuition, no health insurance (medicaid), no food stamps or WIC

People posting about manicures and vacations and cleaning help--- hahaha.

And this is why I say college is overrated
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amother




Cyan
 

Post Tue, Sep 06 2022, 11:05 pm
amother Bellflower wrote:
And this is why I say college is overrated


Like everything else in life, you have to do your research. Some degrees are more lucrative than others. Some degrees can really give you an edge in life, but some aren't worth the paper they're on. College is another tool in your arsenal for parnossoh, and you should do your research just like anything else. It's not a case where it's great for everyone, nor is it a case where you should just pooh-pooh it away.
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amother




Sunflower
 

Post Tue, Sep 06 2022, 11:25 pm
amother Eggplant wrote:
We make roughly $4000 to $4500 a month.

$1500 to rent, water, sewer.

$1300 to phone, cable tv (we'll probably cancel it soon but somehow we are still making it work), car and renters insurance, electric, gas, and two car payments

$1000 to debt repayment ($130,000 in student loan debt and no, we won't be applying for Biden's $10,000 help) (another $20,000 in credit card debt or so)

$500 to groceries.


Two kids, no tuition, no health insurance (medicaid), no food stamps or WIC

People posting about manicures and vacations and cleaning help--- hahaha.


Why won’t you apply for Biden’s loan cancellation? Depending on yours plus your husband’s loans, it’s 20-40k gone. We make more and we’re going to use it to finish paying off ours. There’s no benefit to struggling more than needed. Maybe you can keep your cable longer this way and be a bit more comfortable.
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amother




Ecru
 

Post Tue, Sep 06 2022, 11:31 pm
amother Eggplant wrote:
We make roughly $4000 to $4500 a month.

$1500 to rent, water, sewer.

$1300 to phone, cable tv (we'll probably cancel it soon but somehow we are still making it work), car and renters insurance, electric, gas, and two car payments

$1000 to debt repayment ($130,000 in student loan debt and no, we won't be applying for Biden's $10,000 help) (another $20,000 in credit card debt or so)

$500 to groceries.


Two kids, no tuition, no health insurance (medicaid), no food stamps or WIC

People posting about manicures and vacations and cleaning help--- hahaha.

I'm pretty sure the debt forgiveness is automatic, you don't need to apply.

And if it isn't, please please apply, don't cut off your nose to spite your face.
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MommyPhD




 
 
 
 

Post Wed, Sep 07 2022, 7:52 am
amother Bellflower wrote:
And this is why I say college is overrated


College was not overrated for me. I got grad degrees, and I just accepted a new job in university admin (that required those degrees) making a huge salary bump and I work from home the equivalent of 4-5 hours per day. It just depends what you want to do. I wanted to get a PhD and go into administration where I knew I would make good money for my family.
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amother




Bisque
 

Post Wed, Sep 07 2022, 8:44 am
People don't realize that even if somebody is making a few hundred thousand dollars they are paying almost 50% in taxes in some places, paying full tuition, health insurance..
Even those of you getting your student loans cancelled, some states are going to pig off of that as well and charge you tax on it.
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amother




Hyssop
 

Post Wed, Sep 07 2022, 8:45 am
amother Bellflower wrote:
And this is why I say college is overrated

I owe a ton in student loans and still don’t think it was a waste to get my degree. Ten years after graduation I actually make a lot per hour BH. I’m not saying you have to go to college to make money, but saying it’s overrated is a very blanket statement.
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amother




Hyssop
 

Post Wed, Sep 07 2022, 8:47 am
amother Bisque wrote:
People don't realize that even if somebody is making a few hundred thousand dollars they are paying almost 50% in taxes in some places, paying full tuition, health insurance..
Even those of you getting your student loans cancelled, some states are going to pig off of that as well and charge you tax on it.

My husband got a $50k raise and we literally only see 50% of it.
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amother




Stone
 

Post Wed, Sep 07 2022, 9:43 am
amother Opal wrote:
This is not realistic. 500/we for food is a lot!! Rent or mortgage is usually more like 24k although where I live oot it's more like 13k/yr. Tuition also a lot less where I live oot. Also the taxes are off. Especially with 5-6 kids.


Rent in a basement in Lakewood is about 2k now!
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