Can a family of 4 live on $7,000 a month? I htink I am abut to lose my job and my husband wants me to just stay hiome because he says we can make it off just his income, but we have 3 car payments and 2 kids in daycare/pre-k. I really don't want to take them out of daycare but I would be OK taking the 1.5 year old out but I Would like to leave our 4 yo in. Nothing has happened yet but I get the feeling it is coming...He says we can sell one of the cars. I wouldn't have gas for communting or lunch money so we would save there. I just don't know.Answer Question
Asked by Anonymous at 1:37 PM on Feb. 28, 2011 in General Parenting
Well we live on half of that and we are doing okay. You'll probably have to make some cutbacks and may have to change your lifestyle but keep in mind there are a lot of people doing a lot worse than you so be thankful with what you have.
Answer by lilysmom2607 at 1:43 PM on Feb. 28, 2011
I think the only way to really know this answer is to sit down and right all of your expenses out. I know when we decided that I would stay home we did have to change a few things although not that much. I have been home for 9 years and it has been great. Also, when you look at your budget make sure you take into consideration that the 1.5 year old won't be in daycare anymore because this money will be available for something else.
Answer by cornflakegirl3 at 1:43 PM on Feb. 28, 2011
Answer by mamaada at 1:44 PM on Feb. 28, 2011
Answer by JamieLK at 1:44 PM on Feb. 28, 2011
Answer by louise2 at 1:46 PM on Feb. 28, 2011
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Answer by Freela at 1:55 PM on Feb. 28, 2011
Answer by JulieJacobKyle at 1:57 PM on Feb. 28, 2011
Answer by Snewo at 2:04 PM on Feb. 28, 2011
Next question overall
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