How much money do you make per year?

[P-E]

Sounds like two cars, ouch.

 

[jglavin PE]

I just saw this for the first time today too?

Where the hell have I been?

RoadGuy, I feel your pain, I spend 14k yr. in child care, and $1,000 mo. for cars (before gas), and $2100 mo. mortgage.

Surely, it will lighten up someday.

Man, things have changed for me since 2006. haven't had car payments in years, no more child care costs (at least like that) and mortgage will be paid off in less than 4 yrs.

I'm about where you were in '06. Just bought our first house last year. $900/mo in car payments, $2200/mo mortgage. No child care currently, but that could change by next year. It's a tough spot to be in. My wife and I combined make a bit over the six figure mark. Working on getting the short-term notes for the stuff like cars and appliances paid off, so we can stop throwing money away on PMI.

You have a $3.1k fixed payment monthly before other bills, food and insurance and you guys making combined income a bit over $100k...you coule be in some serious financial problem if one of you loss a job or a kid come along...That's a lot for car payment ..

It's two cars, and despite having some safety net, we are well aware of the situation and are doing all we can to improve it.

Housing is crazy around here. If we hadn't bought when we did, we'd be paying more than the mortgage payment and living in an apartment 1/3 the size of where we are.

^ I'm sure he's well aware of the tight spot he's in.

Most of us have been there. Some of us still are.

If I wasn't aware I'd probably be a lot happier! Ignorance is bliss, isn't it?

Sounds like two cars, ouch.

Yep. Both needed for work too, unfortunately. I waffled a lot on buying new (actually certified pre-owned) but with a 75 mile commute I can't take my chances on a beater car as my only ride. They are building more rail all the time but our neighborhood isn't getting it anytime soon.