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How much money do you need to make a month to support 2 you kids?

Me and my fiance are thinking about having another baby we made a list of things we need to do before we have another baby. So i was wondering about how much you should make a month. So we can be completely ready before we have another.

 
Anonymous

Asked by Anonymous at 11:04 PM on Jul. 8, 2010 in Money & Work

This question is closed.
Answers (7)
  • well, here cost of living is HIGH. we're in Virginia Beach, Va, and to live comfortably with both our kids, pay all the bills, which includes the car, cell phone, insurance, mortage/rent, electric, water, groceries and 3 other bills, we would need about $2500 a month. and that's just bills. about $3000 a month to live comfortably and save.
    armywife43

    Answer by armywife43 at 11:16 PM on Jul. 8, 2010

  • The responses are going to vary depending on cost of living. That varies widely from state to state and even city to city. I just wanted to tell you that I think it's great ya'll are being responsible about it.
    renea20

    Answer by renea20 at 11:06 PM on Jul. 8, 2010

  • Well, you make sure all of your necessary bills are paid first. AKA your mortgage, your car loans, student loans, credit cards. If you want to be financially sound, you must save save SAVE! Unless you're really not well off, having a second child is really just up to you and the hubby.
    HCBallek

    Answer by HCBallek at 11:06 PM on Jul. 8, 2010

  • Okay our second wasn't planned when we had him but just want to say, work out your cost per-child based on what you've so far spent on the first one then make sure you have a back-up amount of money on top of that because unexpected costs always occur. Good luck with your next child, may God bless you.
    leah_rai

    Answer by leah_rai at 11:09 PM on Jul. 8, 2010

  • If you breastfeed the main expences of having a baby are medical and diapers. You can get clothes and blankets and stuff at yard sales or thrift shop.


    It's important to be married before you have a baby. If you can't make the committment to get married then you shouldn't be thinking about having a baby together. When you have a baby together you are part of each others lives forever.

    Gailll

    Answer by Gailll at 11:09 PM on Jul. 8, 2010

  • That depends on your living expense.
    mamaofficer

    Answer by mamaofficer at 11:12 PM on Jul. 8, 2010

  • You need to work out a budget: rent/mortage and taxes, utilities, clothing, food, etc. If you breastfeed, and have clothing and cloth diapers from your first, your costs will increase much slower.
    rkoloms

    Answer by rkoloms at 7:07 AM on Jul. 9, 2010

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