Those with 4 or more kids, how much do you make.

4 or more, what do you make?

  • 50,000 or less?

  • 50,000-100,000

  • 100-150,000

  • 150,000 or more?


Results are only viewable after voting.
Well, we jut had #4, and our family is complete. DH makes ~$60k base salary, and gets paid overtime, so how much he makes can vary--with the little guy, he's cutting back for the time being, but that will change when we work the kinks out of the family and things settle back down.

My kids are very used to wearing second hand clothes, although DD10 is fond of the Old Navy sale racks. We rarely eat out, I shop sales and other bargains for just about everything. We find we have money for what we consider important. Also, although my kids do sports and activities, we've found inexpensive ways to accomodate them--for example, our local youth commission offers swim lessons free for 2 weeks in the summer. Sure beats paying ~$80 at the YMCA! Fortunately, none of the kids has found an activity that really requires huge $$ commitment.

We're also fortunate that MIL has more money than God--and she likes to take the grandkids to WDW! We're going in August, her treat, staying at the Poly on the Deluxe meal plan (3 meals/day). No way we could swing that. She also has established college accounts for the older 3 (waiting on the little guy's SSN). So, we figure that should take care of a lot of college, but we also have $$ set aside in our name that we have mentally earmarked as needed for additional college expenses.

We have a large house, but live in a rural community--fairly low taxes. We know people who hunt for food, garden, raise and butcher their own meat, etc. We don't do those things (well, DH hunts), and I'm not suggesting they're right for everyone, but there are choices you could make. Personally, I'll settle for shopping at Aldi's.
 
It is all about where your priorities are. We make around $22K a year. A little less now since DH quit working to take care of MIL full-time. We have three at home, but since we pay child support for #4, I count him in the financial situation. We also live in an area with a very low cost of living. All of our bills take about $1000 a mo. The house and cars are paid for now which makes a big difference!

The biggest thing is teaching the kids needs vs. wants. Homeschooling gets a little expensive, but not having to keep up with the latest fads offsets that. We still make it to Disney every year (except last year, but that was due to MIL situation.) My own sister doesn't know how we do it, she works full-time and is always broke.

Of course, I guess I have to wait for Caradana to remind everyone that we all used to share a 50 sq. ft. bedroom before I get all excited about doing well with my family and finances. :rolleyes2



P.S.- It was larger than 50 sq.ft., I was being sarcastic :thumbsup2
 












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