If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#31
|
|||
|
|||
going out to work vs motherhood dilema
"workerbee" wrote in message ... On Fri, 26 Mar 2004 17:55:00 EST, "Tracey" wrotE: Housing, education, health care and insurance cost many multiples of what they did 20 or 40 years ago. Houses in my city which went for $15,000 in the 1960s cost $80,000 today. (I'm talking about the same house, not similar houses) There was a neighbor on my street that used to go to open houses in the neighborhood and gasp in amazement, and giggle. You see, he bought his house in the late 50s, for $22,000. He died last year, and his kid sold his house for $1.6 million. He must have been laughing heartily up in heaven. |
#32
|
|||
|
|||
going out to work vs motherhood dilema
wrote:
Housing, education, health care and insurance cost many multiples of what they did 20 or 40 years ago. Houses in my city which went for $15,000 in the 1960s cost $80,000 today. (I'm talking about the same house, not similar houses.) According to http://minneapolisfed.org/research/data/us/calc/ , that means they've probably gone down in price, depending on when in the 1960s you're talking about. $15,000 in 1965 dollars is $89,190.48 today. --Helen |
#33
|
|||
|
|||
going out to work vs motherhood dilema
H Schinske wrote:
wrote: Housing, education, health care and insurance cost many multiples of what they did 20 or 40 years ago. Houses in my city which went for $15,000 in the 1960s cost $80,000 today. (I'm talking about the same house, not similar houses.) According to http://minneapolisfed.org/research/data/us/calc/ , that means they've probably gone down in price, depending on when in the 1960s you're talking about. $15,000 in 1965 dollars is $89,190.48 today. OTOH, in my part of the country (Southern California), the house my parents bought for $18,000 in 1964 would now sell for something in the neighborhood of $400,000. There is a small addition to it, but that's not enough to account for the massive increase in value (according to that site--very cool, BTW--it should only be worth 108,755). My own house, purchased in 2000, appears to be worth a full $325,000 more than it should be. SoCal real estate is nuts... -- Be well, Barbara (Julian [6], Aurora [4], and Vernon's [2] mom) |
#35
|
|||
|
|||
going out to work vs motherhood dilema
On Mon, 29 Mar 2004 17:39:58 EST, (H Schinske)
wrotE: wrote: Housing, education, health care and insurance cost many multiples of what they did 20 or 40 years ago. Houses in my city which went for $15,000 in the 1960s cost $80,000 today. (I'm talking about the same house, not similar houses.) According to http://minneapolisfed.org/research/data/us/calc/ , that means they've probably gone down in price, depending on when in the 1960s you're talking about. $15,000 in 1965 dollars is $89,190.48 today. Yeah, my neighborhood took a hit in the last few years. It's because I live in the city in a high unemployment area. The same house, in a nearby suburb, would go for $20K to $30K more depending on the suburb. |
#36
|
|||
|
|||
going out to work vs motherhood dilema
|
#37
|
|||
|
|||
going out to work vs motherhood dilema
Scott wrote in message . ..
Abi wrote: Many thanks everyone for your advice - I can see how salaries dont go as far today as they used to in the past. I think part of the reason is that people think they *need* all sorts of things that they really only *want*. A frugal couple (not us :-D ) can live on one income. You just have to choose what is most important to you. While I'll agree with this statement to some extent - i.e. the part about choosing what is most important to you - I don't think it's simply a matter of being 'frugal' in order to have one parent stay home with a young child. I think you have to consider exactly what sorts of sacrifices may come up. Is a decent retirement fund a 'need' or a 'want'? Is health insurance a 'need' or a 'want'? Is living in a low crime neighborhood with good schools a 'need' or a 'want'? These are sorts of sacrifices that young parents without good-paying jobs are faced with in our society. If having a parent stay at home full-time with young children is more important than those things, then yes, it's possible to do without them and live on one income. On the other hand, if such things are considered 'needs' that cannot or should not be neglected, then no, it may not be possible to live on one income no matter how 'frugally' one lives. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Wife wants to work | Jamie | General | 76 | May 19th 04 03:38 PM |
| | bobbaloo was Kids should work... | Kane | General | 0 | December 15th 03 05:01 PM |
| | Kids should work... | Kane | General | 13 | December 10th 03 03:30 AM |
Kids should work. | LaVonne Carlson | General | 22 | December 7th 03 05:27 AM |
| Kids should work... | Kane | General | 1 | December 6th 03 09:11 PM |