Daycare-
I am working 2nd shift once babies come home (1-10 pm)
Wife will do client visits in morning and work from home in afternoons.
Debt- wife's car is a lease. She puts around 25k miles on car per year. That part of budget is considered fixed until she changes jobs.
2nd mortgage is ~50k@30yr fixed and truck will be paid off in 2 years. I'd prefer to keep terms of the loans. We have a bigger priority on increasing the EF than than paying off the debt.
We each have 300k term policies. We also each have 25k of permanent insurance as well.
I am considering dropping whole life once I get EF to 6-12 months expenses. 300k is enough to fund day care expenses and similar. Maybe we need more (500k), I will think about it.
Wife is already wearing pre maternity clothes. The clothes we have were borrowed. There is a children's place outlet with a 2.99 rack where we can spend $300 and get enough clothes to fill the closet.
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