Hello all, I’m 30 year old male, 1 child, one on the way, and wife. Together my wife and I have 20k in savings, all 3 cars are paid off. Our bills come out to roughly 1400$ a month our mortgage is only 415$ a month, bought a little 2 bedroom house in 2019. Once baby is here our income will drop down to 4000$ a month, we live a very frugal lifestyle and have tried to always pay ahead on any credit that we have IE cars and credit cards.
My question is, should we be looking into buying a bigger house? The market seems awfully l crazy. And baby is probably going to co-sleep for the first year anyways.
Is there something I should be doing with that 20k savings? It has been our plan to use it for a house once we are ready.
Submitted September 26, 2023 at 12:49AM by Qman1211 https://ift.tt/VgRmM2r
