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pevideli

Realistically Speaking...

pevideli
15 years ago

Can a family with a 1200/month mortgage and two kids, realistically live off of one income (about $60K/year) in today's economy? I live in a two income household and together my wife and I make a little over $90K a year. We've always lived off of two incomes. We have no car payments, no major credit cards to pay and a small loan to pay off. With the high cost of utilities, insurance, kids' extra curricular activities and basic childcare expenses etc., I'm wondering if we can successfully pull this off. Any thoughts?

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