Discussion on Family Financial Needs
What's your age?
Are you single? No. How long you had a man?
5 years. And how long have you had a baby? He's almost 2.
Was it with him or with somebody else? With him.
So how much does he
have to make to take care of you and your daughter?
Um, at least a thousand a month. A thousand a month?
Food, you know, groceries, car insurance,
diapers, wipes. Now how much
would you say a man has to make annually to take care of a family of three?
Um, annually, overall, at least 30 000 a year.
On just a baby? On every expense you would need for a stay at home mom and a child.
But if he's spending 30 000 a year on both you and your daughter,
how much more would he need to make to
live comfortably? Oh, we are comfortable. That's comfortable.
So a family of three could survive off of just 40 000 a year? Yeah.
It's just not going to be a lavish lifestyle. But this economy sucks.
So you just make it work? Yeah.
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