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View Poll Results: Is it absolutely necessary for two incomes on LI?
Yes 20 60.61%
No 13 39.39%
Voters: 33. You may not vote on this poll

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Old 11-08-2011, 04:12 PM
 
398 posts, read 698,594 times
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Quote:
Originally Posted by LegalDiva View Post
Our combined income is in the $170-190K range (fluctuates because I have a P/T job with no steady hours and my husband gets overtime if he needs to work on projects that go into the weekend or after hours).

I am currently child-free with no intention of having kids, but if I were, my husband's income is less than $100K which I feel isn't enough to pay the mortgage and bills (we both own homes, I own a condo which is rented out - bought before I met my husband, plus I still have student loan debt).
Got ya, assuming you're not a young person just starting out and pretty established in your careers.

My situation is young couple starting out with student loans, combined income around $130K and even with the dual income it would be difficult to pay a mortgage on a $350K home with $10K/year taxes as well as childcare costs when I have children. Take out the student loans and it would be much more manageable.
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Old 11-08-2011, 10:16 PM
 
7,658 posts, read 16,278,378 times
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Quote:
Originally Posted by twingles View Post
Sorry - was just looking at the poll question and not the post.

More reading issues on my end.

No worries.

I tried to keep it clear.

Looks about 50/50

Crooks
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Old 11-09-2011, 06:47 AM
 
1,483 posts, read 2,727,190 times
Reputation: 988
Quote:
Originally Posted by Crookhaven View Post
No worries.

I tried to keep it clear.

Looks about 50/50

Crooks
Two incomes? All depends on how much the 1st. income brings in. If its well above, and I mean WELL ABOVE 6 figures, then NO...2 incomes are not needed.

You can 4 INCOMES! (both work 2 jobs) However, if each job only pays 20K per year. It all a numbers game.
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Old 11-09-2011, 12:04 PM
 
Location: Long Island
8,520 posts, read 11,466,984 times
Reputation: 4781
got kids or plan to have kids, easily yes 2 incomes.
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