I can get by comfortably on $3500 a month as a single person in an expensive area of the U.S. But I don’t have health insurance or kids and I don’t eat out. Still, $140k seems way too high.
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Definitely a lot of fat that can be trimmed from expenses mentioned in that article
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100k pre tax is probably the minimum to raise a family of 2 in the U.S. without being stressed and using credit cards to pick up the slack.
It also needs to be done by paying cash for cars and no student loans. Not easy but can be done.
