Last year our net income was $116K and we have 2 young kids too. It will be $10K+ more this year.
Honestly, I still feel like we still live check to check. I wonder where all the money goes. We bought more stuff I guess, so more bills to pay. We save of course but looking back when we were making $50K a year or less to think if we ever more than doubled that I would have thought we would be better off. Honestly, I feel no different and I am still if not more stressed about money now than I was 10 years ago. Weird how it works that way...but I am hoping in the next 5 years all our debt will be paid off and we will have more breathing room. I have learned a lot in the last 10 years.
I do know now any raises we get etc goes to paying off debt and savings automatically.
I also find people who make less than us have bigger homes and nicer cars but they do not seemed stressed about money. Maybe they are hiding it?
I am very open about my finances. I guess hoping to find advice or see where others are in their situations so I do not feel like it is just me.
|