Thank you all for the advice. Sorry for the lack of information in my original post.
We do have a small EF of $1000.
My DW plans on continuing to work for the forseeable future, but she gets a great discount on childcare of only $56/week. We have put this aside using my dependent care account at work, so our take home pay already reflects this added expense.
The Tahoe was an emotional buy - however gas was only at $2.30/gal when we purchased it. Hindsight is 20/20. We have had it listed for sale for about a week and a half now. Only one call on it so far. Others like it are listed in my area for $37-38k (BB value is 38k). I have mine listed for $34 and owe about $27,500 on it. If I don't get any other calls by the end of July I will drop it to $30k.
Take Home Pay (includes deductions for 401k, insurances, FSA, and DC accounts):
$5059/month
Other expenses:
Auto Ins: $99/mo
Cell Phones: $98/mo
Utilities: ~ $250/mo
Groceries: $350/mo
Cable/internet: $106/mo
Misc expenses: $150/mo (oil changes - waste removal - life ins - etc)
Gas: $70/mo
Baby Supplies: $100/mo
Total: $1053
Total w/others: $3811
Last edited by Nate417 : 06-18-2008 at 10:17 AM.
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